4 ms·
Don't know what the US is like, but here in the UK my company could afford to buy property but rents instead because you can deduct all of your rent against pro
by petercooper 6y ago
Don't know what the US is like, but here in the UK my company could afford to buy property but rents instead because you can deduct all of your rent against profits, whereas if you buy a commercial property the write downs are terrible and spread over too far a horizon.
- Daniel_sk 6y agoYes, this is the same in Slovakia - the write downs for office/administrative buildings are spread to 40 years, which is ridiculous.