COVID-19 hit the world with a vengeance, and commercial property took a hard hit. Your commercial property owner clients are still struggling, and many have had to invest in unexpected improvements or renovations to repurpose a building to survive.
Most owners are unaware that these investments have tax advantages that could wipe out tax burden. This is incredibly impactful right now because, in 2021, businesses may receive a 100% deduction on the cost of qualified business property or “QIP”. QIP is an improvement made to an interior
portion of a nonresidential building after that building is placed into service.
Determine what tax your commercial property owner clients' advantage would be by using our secure calculator here...
PropertyTaxCredits.com/257226
Take a look. It’s worth the time, I promise. Then, let me know what you think or if you have any questions. I’m here to help.
Warm regards,
Karla
Karla M Leonard
CEO l Retirement Specialist l Insurance Professional | Asset Manager
CA LIC#0B42336
GMG Senior Advisor - Specialized Tax Incentive Group