Our client in the Princeton area of NJ was able to acquire a bank and repurpose it for their needs. This was a 6,300 square foot, 3 story building with large parking lot and drive thru overhang.
After the $300,000 initial purchase and $150,000 in renovations, we estimated a mere $25,000 in income tax savings.
Be sure to contact us if you’ve got a renovation project for a free assessment. It’s money in the bank!