There are no tax deductions for such gifts, however you have a $15k per recipient annual gift limit that avoids the chore of filing a gift tax return.

Having a full stop shop doesn't seem weird from an efficiency standpoint, especially when these businesses are synergistic. 

Purchase price: $110,000 Cash invested: $2,000,000 399 Helmericks Ave includes 3 warehouse/shops totaling 60,000 sq.ft. and office space totaling 7,000 sq.ft.

You could also look into regional banks or credit unions with experience in real estate development for middle-ground options.If I were you, I’d spend some time shopping around for the best rate/terms.

Local furniture shop about 8 miles away did the woodwork out of Mahogany, really great job. 

Some of it has to do with the same sorts of challenges you see with smaller sized businesses in general - mom & pop shops aren't always keeping the best financial records or doing their taxes the correct way.That’s what I figured, thanks again ! 

Rates can fluctuate, so shopping around for the best deal is crucial.

But I would keep for a work shop if your doing value add to the house.  

Yes, you bought what seems like a good deal on paper, but in reality, you own an old apartment building in a neighborhood with poor security, possibly surrounded by long-vacant shops, streets piled with garbage, and a poorly managed community.

And right down flying the same airplane LOL..their shop is well run..