Case Study 3: Owner of apartment/retail space pocketed $375,903 in first-year income tax savings!
The mixed-use facility consists of a 5-story building with the basement housing office space, the street level housing retail space, and the upper 3 floors housing a total of 12 apartments. The property has a footprint of approximately 9,700 sq.ft. with a total gross area of approximately 12,600 sq.ft., and it occupies a .22 acre…