Your tax accountant will tell you that paying rent is a deduction. You can create wealth with those rent dollars if you can pay rent to yourself by owning your business location. With an SBA 504 loan you can buy a business condo at Troy Centre in Broomfield Colorado with only 10% down in most cases!
Pay yourself rent equal to the cost of ownership plus depreciate the asset to shelter income! Build equity every month and save!
I just stopped by to welcome you to Active Rain. I hope that you find it a great benefit to your business and that you see the value that I have also found here. I am from Charlottesville Virginia and using Active Rain has really increased my business!
My main blog on Active Rain is here: Charlottesville Real Estate Blog, not the link at the bottom of this post.
I hope you will look into the many groups as there are some great group both local and broad based,....
enjoy!
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