Tax Alert: Big capital gains tax increases are coming. Start your smart tax planning with deconstruction now.

Multi-Unit Deconstruction

Owning or managing a multi-unit property or hotel can be challenging, particularly when renovations are needed. Financially it can be difficult to manage, particularly when a significant number of units need upgrade or repair. Whether doing a minor facelift or a complete teardown, deconstruction can provide enormous benefits while minimizing your economic impact.

Deconstruction is not any more complicated than traditional demolition. Green Donation Consultants will be your main point of contact for the entire process from start to finish. The first step is to call our office at 800-870-3965 and get a free inspection scheduled.

Deconstruction for Multi-Family Units

With the demand for rental properties skyrocketing, owners of multi-family properties are scrambling to renovate and get their units on the market. Upgraded apartments and condos have lower vacancy rates and produce higher rent annually. Deconstruction provides significant tax deductions to offset the cost of renovation.

What can be donated? When it comes to deconstruction, there is a lot that can be donated! Typically in multi-family units, the following is often salvaged and donated for re-use:

  • Flooring
  • Bathroom fixtures
  • Lighting
  • Wood paneling
  • Kitchen cabinets
  • Furniture
  • And much more

 

If you have questions about what can and cannot be donated, our team at Green Donation Consultants is here to help!

Contact our office to see if your multi-family unit is a good fit for deconstruction.

Deconstruction for Hotels

When you own or manage a hotel, you have much to consider regarding renovation. You need everything to be done on time and at a price that fits your budget. Every day your unit is under construction, you lose out on a booking.

Deconstruction offers hotels a unique opportunity to capture tax benefits while providing upgrades to level up the rooms you offer. We assist hotel owners and leadership through the process of inspection, deconstruction, and appraisal creation, along with guidance afterward to ensure everything goes smoothly.

To promote carbon reduction, many states and local cities offer incentives, like grants, for large- scale deconstruction projects. Depending on your location, these resources may further offset your renovation costs.

Everything from furniture and décor to bathrooms, flooring, and kitchenettes can be deconstructed, salvaged, and donated. If you have any specific questions regarding how this process would apply to your hotel, the GDC is your own personal deconstruction concierge.