Should you lease or buy your business space? That's the question, and your answer can significantly impact your personal wealth. As the graph to the right illustrates, if you purchase a business condominium, in 20 years you could own a half million dollars worth of business property. If you lease at $24,000 per year, you'll have paid a half million dollars in rent (or more with escalating costs), and have nothing to show for it! Which path is best for you and your family? |
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