Madison Property Company Announces Tax Relief for Distressed Commercial Real Estate Investors

Ann Arbor, MI, April 23, 2010 --(PR.com)-- Madison Property Company president, Brad Hayosh announces a new service that will assist embattled commercial property owners to deal with the possibility of negative tax consequences on properties that are facing possible foreclosure.

Brad Hayosh states the following, “In close conjunction with our CPA and tax counsel, we have created strategic alliances with several real estate operating partnerships that will allow owners of troubled assets to trade their interests in their current assets for operating units in the new partnership. This will shield the investors from the possibility of recapture and other taxable events if the property is ultimately foreclosed on. Every situation is unique but we would be glad to discuss each situation on an individual basis. We believe that our program provides the necessary protections to keep investors from having the added insult of a large tax bill being delivered on top of losing an asset.”

Brad Hayosh may be reached at 248.779.4097.

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