Most sellers of commercial real estate properties want to obtain the highest possible sale price and get to closing in the shortest amount of time. However, even longtime owners of commercial real estate properties may not realize that there is a long checklist of pre-sale planning, strategies and considerations that should be completed well before a property is placed on the market for sale.
A seller’s primary objective should be to minimize taxes on a sale in order to retain hard-earned financial gains that most likely were achieved over many years or even decades. Depending on each seller’s unique circumstances, there are validated tax-planning methods that can provide deferment of taxes upon sale, significant reinvestment flexibility, etc.
Contact us to discuss sale strategies for your commercial property.
