Seven reasons why you should own the commercial premises your business occupies!

Seven reasons why you should own the commercial premises your business occupies!

1.   If your premises works for you and you are paying rent, you are paying someone else’s bond /wealth/retirement plan.

2.   As a Landlord, your business is the best Tenant a Landlord could have, as you control that business.

3.   Your rent and operating expenses are tax-deductible in the trading entity.

4.   In the property ownership entity, the finance or interest payments on the bond, are tax-deductible.

5.   Most banks will support a loan to value ratio of +-70%, so you need +-30% capital, if you do not have it, then there are some businesses that will support Entrepreneurs purchase property with a 100% bond.

6.   Property is a long-term income investment – ideal as a passive income stream when you can no longer work or for retirement.

7.   Yes, being a Landlord involves work, but it is a great time value wealth creator.

Walmick

For more info. contact Mike 083 601 8477 or [email protected]

Agree completely with points raised however most significant is that retailers work too hard not to benefit from endowing the premisses with value. The more successful they are the more valuable the property becomes. With that success, if leased, higher rentals and costs.

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Paul Kariuki Ph.D

Executive Director, Democracy Development Programme Organizational Development Practitioner/Researcher/Leadership Coach/Author/Podcaster/Process Facilitator/Member, IoDSA

5 年

Great insight

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