We
all know that the wing of commercial real estate business is of much utility
these days. Although a good amount of money is required for the process but
still it is far more profitable than that of residential real estate business.
Anyone who is having a considerable amount of money must invest in this field
because the returns are huge and highly profitable. But we all equally know
that there is a method to every madness. It is in this context that I am going
to discuss few points under the banner which would be of immense help in
selecting the right commercial space for one’s business.
1. Location Without a Must-Move Clause: It is very much understandable that if one
buys own property, it will have a more secure and permanent place for business
that can never be leased out from under that person with a must-move clause.
This removes any worry one may have about where to move to next every time the
term of the lease ends.
2. Property Ownership is a Long-Term
Investment: Owning a property is a long-term
investment, while renting is a short-term fix. If one has a solid capital and the
long-term plans for the business involve using the same commercial property,
then buying is the better option. Buying one’s own property is a long-term
investment which will pay for itself in time.
3. Advantage of Cost Segregation
Depreciation: One benefit of
owning a property as a small business owner is that one may be able to take
advantage of a tax strategy called “cost segregation depreciation.” If the
person has bought or constructed a property and paid a lot of money within the
last 15 years, the company could benefit from the tax savings generated through
a cost segregation study.
4. Leasing out a Portion of the
Property & Earn Rental Income:
If one knows that he will remain in the location, purchasing the property can
be a good investment. This is particularly beneficial if one will not need the
entire building because one can lease out a portion, earning rental income. One
can also use the income from the rent to help pay the mortgage.
5. Designing the Property as One
Pleases: One of the major advantages of
buying a property for business is that one can have full control over the
property. It is up-to the person to decide what needs to be done in terms of
designing the property according to one’s business’s requirements and won’t
need the landlord’s approval for this.
6. Building Equity in the Property: One of the main advantages of purchasing
real estate for a small business is that one can build equity in a property
which one can later leverage for expansion. If one has equity in real estate,
it is easier for the business to get loans, which one will eventually need as one
grows.
7. Keeps the Costs Fixed: Buying a property instead of renting is a
great way to keep one’s costs fixed. Many businesses will hold a long-term
lease of 10 to 15 years on their building, but at the mercy of their landlord
as to the terms of their next lease. Usually, the lease will also increase
after a few years, and this increase in cost is something that one cannot
control – unless one owns the property.
8. Paying for Something One Actually
Owns: When one buys one’s own commercial
property, the person is paying the mortgage for a property that one actually
owns. Unlike when the person is renting, the person is paying the lease but the
property will never be his. Obviously, it’s better to pay for something that
will eventually be one’s own.
9. Purchasing a Property can be Tax
Saving: As business owners, writing off
expenses and depreciation as one’s property increases in value over time is a
huge benefit. However, unlike renting, the money one uses to purchase his
facility is not deductible, but the person is allowed to recover this over time
through yearly depreciation deductions.
Keeping the above-mentioned aspects in mind
one can happily invest in one of such upcoming commercial projects in Sector-73, Noida. Anthurium is a
commercial property that can aid investors and buyers to avail maximum benefits
from their property. Anthurium is the new commercial project, offering office
spaces to be bought in Noida with smart digital and virtual offices for
businesses. The place is situated at the most convenient location for employees
and companies. Anthurium offers fully equipped offices allowing business owners
to get maximum benefits from their investment.
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