Quote:
Originally Posted by LingLing
I have no suggestion but would like to add on the question. One top of the book recommendation, would you please advice on whether it makes sense to buy an office condo with a ground lease?
|
To me it doesnt, but this is probably a better question to ask of your accountant. There are tax advantages to leasing land vs buying it, but this depends upon your own financial situation.
The answer would also differ if your in a part of the country growing vs shrinking, and if your planning to occupy the property or rent it out.