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When it comes to real estate, finding an ideal business location is often complicated by the question of whether to buy or lease commercial space. What are the short- and long-term costs with each option? And when is it necessary to seek out the services of a financial advisor? If you’re at the point of contemplating this critically important question, take a look at the benefits and shortcomings of each choice.

Key Takeaways

  • Rent and rental expenses are tax-deductible, as are lease payments.
  • When buying, you may have the option to add to cash flow through leasing or subletting.
  • Consulting with a financial advisor can help you sort out what’s best for your business.

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