What are the benefits of owning vs. leasing an office?
A. Like any property purchase, owning an office condominium builds equity and long-term property appreciation, enhances your personal portfolio and improves your credit by owning an asset. Ownership gives you control over decisions about your office environment and needs and builds brand and image awareness. Interest paid on mortgages is tax deductible. Office condominiums are designed for convenience, with easy accessibility for employees and customers —offering parking lots that allow for convenient parking at the front door.
