|
|
|
I'm a little curious on what you think a tax write off is, as losing money on something and saving 15% on taxes isn't really a benefit, and is just a slight relief on a loss incurred. Is there something more to the story here I am not getting, because renting it out and paying tax is more beneficial than booking a loss 100% of the time.
Yeah, I don't follow that example either. A bank lends money based on the income a property produces, which dictates its value (in most retail scenarios). If it's vacant for a long time, you're not going to be able to get good financing terms on it when the loan comes up. Regardless of whether you're using it as a tax loss offset as part of a larger portfolio, it's not helping the value of the building or your portfolio to leave it vacant.
www.vonssteakhouse.com
I was walking my dog yesterday night (around 11pm) and I noticed some music coming up from their place, also they had their "Open" sign on but they had their blinds down so it was hard to see inside.
Be curious to see who takes over their old space. Make a good dive bar.....Recently had dinner at Vons in their new location at Jasper Ave and 101 Street. The food was expertly prepared and tasted delicious, and the staff were a friendly bunch. It could use more patrons, although I'm told they are always packed when it's an Oilers home game night or a concert night (e.g. Shania Twain).
Home | Vons Steak House & Oyster Bar
They have their new signage up as well and it looks good.Recently had dinner at Vons in their new location at Jasper Ave and 101 Street. The food was expertly prepared and tasted delicious, and the staff were a friendly bunch. It could use more patrons, although I'm told they are always packed when it's an Oilers home game night or a concert night (e.g. Shania Twain).
Home | Vons Steak House & Oyster Bar
Yes they are
They still have their airport location open I think.
It is closed last I saw (September)
