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Tenant Inducements for Commercial Property
Sources News Release
http://www.sources.com/Releases/NR574.htm
Publisher: Soberman LLP, Chartered Accountants
Date Written: 07/10/2009
Year Published: 2009
Resource Type: Article
Although not widely known, there are certain tax treatments available for landlords and tenants who provide tenant inducements for commercial properties.
Abstract: Prospective tenants of commercial property have many alternatives when choosing commercial space these days. In order to attract new tenants to available commercial space, landlords frequently provide cash payments to new tenants (for example, so many dollars per square foot leased) as an incentive for new tenants to enter the lease. Generally, these inducements allow for tenant improvements to the space. Rather than the inducement being treated as part of the tenantâ##s taxable income, often i...
To read the full release go to http://www.sources.com/Releases/NR574.htm
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