Episode 119 - Should Your Business Own the Building It Operates In?

Should you buy the building your business operates in, or continue leasing? For many business owners, commercial real estate can become one of the largest investments they ever make. But owning a building is about much more than control over your space. In this episode, Jeremiah and Laura discuss the key factors business owners should consider before purchasing commercial real estate. From long-term growth plans and tax considerations to liquidity, diversification, and succession planning, they explore how owning property can impact both your business and your personal financial future. While commercial real estate can create opportunities for wealth building, passive income, and greater control, it also comes with responsibilities and risks that should not be overlooked. The right decision depends on how the property fits into your broader goals, investment strategy, and long-term vision. Key Topics: Evaluating whether your current location supports future business growth and expansion The benefits of owning commercial real estate, including control and long-term wealth building Tax considerations, depreciation, and after-tax investment returns Diversification, concentration risk, and liquidity concerns in real estate investing The realities of property ownership, management responsibilities, and passive income expectations Succession planning and using commercial real estate as a multigenerational asset for family businesses #BuildingWealthyHabits #CommercialRealEstate #BusinessOwners #Entrepreneurship #FinancialPlanning #BusinessGrowth #WealthManagement #TriCordAdvisors Reach out at [email protected] Connect with Jeremiah: LinkedIn: https://www.linkedin.com/in/jeremiahjlee/ Email: [email protected] Connect with Laura: LinkedIn: https://www.linkedin.com/in/laura-lee-59a83610/ Email: [email protected] --- Information and ideas discussed are general in nature and should not be considered specific financial, legal, or tax advice. This content is for informational purposes only and does not create an advisory, fiduciary, or attorney-client relationship. All investments involve risk, including the possible loss of principal. Past performance does not guarantee future results. Examples discussed are hypothetical and for illustrative purposes only. Individual situations will vary. You should consult your own financial advisor, tax professional, or attorney before making any decisions. Advisory services offered through TriCord Advisors, Inc., a Registered Investment Adviser. Jeremiah Lee is a California licensed attorney. Randy Barkley is a life insurance agent (CA License #0518567).