Commercial Services:
In addition to traditional commercial mortgage services, Many property owners are faced with declining rents, property values, and impending balloon payments. The commercial loan modification is a transparent business decision you can make. Our Profit and Loss proposal which we submit to the lenders provides them with a compelling business rational to modify your commercial loan. Logical out comes are: Deferment of the Balloon Payment, Renegotiating the Balloon Payment into a separate long term note, and a reduction in the interest rate.
Contract Re-Negotiation:
A company’s monthly expenses are both definable and – in most cases, even unbeknownst to that company – negotiable. Whether it is the rent on an office space, utility costs (i.e. electricity, internet access, security personnel, etc.) or even just office supplies, if it has a cost, Property Solutions believes that cost can be renegotiated. Such deft maneuvering of this fiscal territory can translate to a substantial savings to a business on a monthly or yearly basis. In some cases, even with a pre-existing contract in place, PSI’s knowledgeable agents can garner new deals that make for a healthier financial picture for a company.
Cost Segregation:
Under United States laws and accounting rules, cost segregation is the process of identifying personal property assets that are grouped with real property assets, and separating out personal assets for tax reporting purposes. A cost segregation study identifies and reclassifies personal property assets to shorten the depreciation time for taxation purposes, which reduces current, past and future income tax obligations. Personal property assets include a building’s non-structural elements, exterior land improvements and indirect construction costs.
