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Wednesday, March 1

Real Estate – Rent vs. Own, #103

Small-business owners often struggle with the question of whether they should lease or buy their facility. This brief contains some pointers to help you reach a decision.

Renting and Leasing

Rental payments for the place you do business often can be deducted as a business expense. Rent is any amount you pay for the use of property you do not own. In general, you can deduct rent as an expense only if the rent…

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