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Practices & Industries

Securing Tax Benefits for Real Estate Client

Hodgson Russ has helped clients secure property tax, sales tax and mortgage recording tax abatements from multiple industrial development agencies (IDAs) across Western New York. Our attorneys have structured payment in lieu of tax agreements (commonly referred to as PILOT agreements) and installment sale agreements that help reduce the property tax and sales tax burdens on newly purchased, renovated, and improved commercial properties.