Rent vs Buy – Ownership Advantages

1. Owners benefit from appreciation of property. Property values are increasing. Property values should see additional upward pressure due to a limited supply of properly zoned land.
2. Owners are able to write off interest and depreciation.
3. Owners do not receive annual rent increases and do not pay sales tax on rent. There are currently fixed rate mortgages available, at all time low rates, that will lock in the monthly payment for 20 years.
4. Until now there has not been the opportunity to own spaces as low as 2400 square feet.