Of course, like many businesses, commercial property management companies are suffering from the recession. The main problem is that many property owners have their own problems financially and are looking to cut corners. They may assume that they will be able to survive without you. However, tax benefits are a good way of showing them how they might have the money to keep you anyway. Some of the ways that you can help the situation are:
• Hiring the property owner an accountant
• Encouraging tenants to file for bankruptcy
• Staying abreast of tax incentives
• Renegotiating your terms of contract
• Saving the property owner money with grants
Thursday, November 5, 2009
Tax Benefits And Commercial Property Management
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