Economic Benefits of Prospect Village

Prospect Village offers a unique opportunity to own the best of both – a luxury home and a convenient quality workspace – and both have significant economic benefits. Whether you use the workspace for your own business or lease it to a tenant, you will be able to deduct business expenses such as depreciation from your income taxes. If you lease the space, those deductions will be write-offs against your rental income, which could be as much as $30,000 per year. And of course, as the property owner, you will be entitled to the full deductions for mortgage interest and property taxes for the entire live/work residence.

Call today to find out more information on the benefits of purchasing at Prospect Village.