(Total Views: 693)
Posted On: 06/12/2017 10:48:08 PM
Post# of 75068
Acquired, merged real estate provides immediate capital valuation along with improvements having tax write off capabilities.
Although the Friar Tuck Inn requires serious rehabilitation, let's not overlook other business financial impacts along with potential tax incentives through the New York State Commercial Rehabilitation Tax Credit Program. There could be benefits recognized as a catalyst for economic revitalization, it encourages investment, provides jobs, & keeps buildings on the tax rolls. Owners can possibly take advantage of credits on both state & federal income taxes.
IMO, RMHB's will likely focus on immediate sales, product fulfillment for growth, generating increased quarterly revenues. There could be other networking behind the scene but complex business strategies don't just happen overnight suggesting a very promising long term outlook.
Friar Tuck Inn 2016 Aerial view 2016:
https://m.facebook.com/photo.php?fbid=1010061...;source=54
Although the Friar Tuck Inn requires serious rehabilitation, let's not overlook other business financial impacts along with potential tax incentives through the New York State Commercial Rehabilitation Tax Credit Program. There could be benefits recognized as a catalyst for economic revitalization, it encourages investment, provides jobs, & keeps buildings on the tax rolls. Owners can possibly take advantage of credits on both state & federal income taxes.
IMO, RMHB's will likely focus on immediate sales, product fulfillment for growth, generating increased quarterly revenues. There could be other networking behind the scene but complex business strategies don't just happen overnight suggesting a very promising long term outlook.
Friar Tuck Inn 2016 Aerial view 2016:
https://m.facebook.com/photo.php?fbid=1010061...;source=54
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