Tax Benefits Can literally Pay You to Own

Welcome! The Law Offices of Travis Whitfield just became the 11th legal firm to purchase an office condominium from Borelli Investment Company, and will soon occupy its unit at Borelli’s Junction Office Center on Junction Avenue in North San Jose.

Why are legal firms making this judgment? It’s the tax savings! The weight of evidence for buying rather than leasing business space is strong:

• Take an IRC Section 179 deduction of $250,000, raised just for 2008!
• Take an additional 50% bonus depreciation in the first year
• Get a starting interest rate of 2.99%, thanks to Borelli’s three-year buy-down*
• Make your down payment in pre-tax dollars

Don’t wait! The tax breaks are set to expire 12/31/08. And with this being an election year, there’s no assurance they’ll be extended.

Discover what more and more successful law firms have learned. Lock down your occupancy costs by owning—not leasing—and lock-in the tax breaks