Legal Question in Tax Law in New York

Tax incentives

Im buying a 2.1 million dollar income property in Manhattan and am getting $400,000 in investor money together and mortgaging the rest.. What are the tax incentives for my investors and for me? Thank you. John Pfeiffer


Asked on 11/26/01, 6:33 pm

1 Answer from Attorneys
Norman Nadel Norman Nadel, Esq.

Re: Tax incentives

Tax sheltered cash flow and appreciation in value.

You sound awfully naive and should seek professional guidance.

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Answered on 11/26/01, 10:02 pm


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