By: Chris Streett
So you’re thinking of buying or leasing a commercial property but you’re a little lost in all of the information and don’t know where to start? We’ve broken down some of the most common questions about this big decision to help you on your journey in commercial real estate.
SHOULD I BUY OR LEASE?
There are pros and cons to both. Some pros to owning your own commercial real estate are:
* Tax breaks- you can write off all mortgage interest paid during the year and by using tax code
179 you can also deduct all of your equipment.
*Potential Income from tenants, if you have additional space you could rent out.
* Help fund your retirement by selling the property, or have a steady stream of income during
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