Vacant Commercial Real Estate may Qualify for a Tax Break
January 1, 2018Written by Gerard Staudt in category Current Events
Below market occupancy rates, or the anticipated departure of a major tenant, are two factors that signal the potential for property tax relief. “A vacant anchor space diminishes value even when the owner continues to receive rent on the dark space.”
Does your state offer a tax break on vacant space? Follow these simple steps to find out: https://goo.gl/BTW9rx
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