Downtown Reading | Berks County | PA | Commercial Real Estate - Cash or Trade?
By Joseph Cacciapaglia
(BMC Capital)
I've been talking a lot about the tremendous opportunities to invest in commercial real estate in Reading, PA. Obviously the flip side of this story is the tough situation that a lot of commercial real estate sellers are facing. To get properties sold today requires a lot more than putting a sign out front and running an ad or two. Sometimes it takes a little creativity. One interesting idea that I've seen used in tough markets is trading or exchanging. Why would you ever want to take anything other than cash as payment for your commercial property? For one, it might be that the only buyer who is willing to pay your price is short on cash. It may also be possible to reduce or defer the taxes that you pay on the transaction (check with your CPA or tax attorney). For example, maybe...
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