Small business owners should consider all real estate owned by their business as part of the success of their personal financial plan. Real estate owned by a company can provide unique tax advantages and offer inflation hedging. These benefits differ throughout the working and retirement years. They should be seen as part of a transition when selling your business to retire.
When running a small business, owners need to balance responsibilities to their employees, customers, and families with building a solid financial future for themselves. Adding the headaches that come with owning a property over renting can seem like an unnecessary burden. However, the unique benefits provided by real estate to entrepreneurs may be worth it.
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