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Should I Purchase or Lease?
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The decision whether to purchase business property or lease depends on several factors. Depending on your type of business and where you’re headed is critical to the purchase/lease decision. If you have the capital and can make a longer term commitment to a certain location in Chicago – purchasing property can be advantageous. Your investment may be large at first, but in the longer term, you’ll have more options and a number of tax advantages. Leasing Chicago office space is smart if you are looking for short-term growth with maximum flexibility. Gordon MacAdam can help you make the right decision.
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