Funeral Home

SAVINGS IDENTIFIED:
$187,796

FACILITY TYPE
Funeral Home
10,400 sf

CLIENT DATA
Building Cost: 2,459,723
Space Type: Built
Look back: No
Additional Benefits: Yes

CLIENT IDENTITY
This owner is a single site owner.

RESULT
This property, like many funeral homes, is owned by a multi-generational family business. Though fully depreciated with the last generation, strategic planning for how the property would pass to the next generation meant that this property received a step up in basis as the next generation of the family gained ownership. This careful thinking in how the assets changed hands allowed for a significant savings for this property.