Special facilities that include churches, schools, colleges, sports complexes and more are some of the properties in an investor’s portfolio. Meanwhile, entertainment, marinas, ice rinks and other venues belong to investors who dabble in a little bit of everything. It’s okay to have a diverse portfolio. However, every investor or individual owner may have the same need one day to liquidate some assets. The IRS Section 170 Bargain Sale, known as a bargain sale, keeps them from being hammered by taxes. If they want to achieve the greatest return on investments for special facilities, the IRS Section 170 Bargain Sale can be an investor’s best financial friend.
Welfont oversees the sale of special facilities throughout the transaction process. With the use of IRS-approved tax strategies like the IRS Section 170 Bargain Sale, companies enhance their charitable giving. Meanwhile, in addition to contributing to society, they enjoy a higher tax deduction on churches, schools, colleges, sports complexes and more.
Maximize Investments for Special Facilities
From research to acquisition and disposition, our clients can maximize their ROI in special facilities. Together, with analysts, real estate brokers, property managers, appraisers, lending institutions, and contractors, we have completed numerous the IRS Section 170 Bargain Sale deals. Our clients have completed more than $200 million of property transactions over the last 10 years. The size of these properties nation-wide have a total of more than 10 million square-feet of buildings. Approximately 1,000 acres sit on commercial land.
Welfont would like the opportunity to help you connect with a nonprofit, seller or buyer. While helping you give back to society, we want you to have the greatest tax deductions possible.