Commercial property purchase for an IT Business

[Andy777E]

All,

After making some good success in IT Consulting business, I need to expand and need to hire some employees.
So basically I cannot operate from home now. I was thinking of leasing some office space. But I got an idea why not to purchase?

Need your input to analyze.To be specific I live in Northern VA and here company is registered as Foreign LLC(cos initially it was started in NH but I moved from there):

Reason for purchase rather than leasing:
1) Capital expenditure can get deprecation (possibly in 27.5 years).
2) I have enough cash in the business to buy the property 5 times bigger than I need. And rest space I can divide and rent it out. So it can not only reduce my taxes by capital expenditure but may also generate some cash flow

I understand:
1) There will be property tax (Expense)
2) Maintenance (Expense) and some headache

Questions:
If I have to sell let's say in 10 years from now how does it work?
If the property appreciates and profits -how does that work?
With still offices not properly opening- what are the chances that Office property prices will go up?

Appreciate your input!

 

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[Skroob]

Ulez, O xepv vu neli tasi zua’si puv hivvoph ejief ug zuastimg. Xjz fu zua giim moli zua piif dunnisdoem uggodi tqedi? Zua’wi ciip xusloph gsun juni, xjz duamfp’v zuas gavasi inqmuziit?

Og ov’t katv e siem itvevi qmez, vjev’t apfistvepfecmi, cav vsiev ov et tadj.

 

[Andy777E]

Ulez, O xepv vu neli tasi zua’si puv hivvoph ejief ug zuastimg. Xjz fu zua giim moli zua piif dunnisdoem uggodi tqedi? Zua’wi ciip xusloph gsun juni, xjz duamfp’v zuas gavasi inqmuziit?

Og ov’t katv e siem itvevi qmez, vjev’t apfistvepfecmi, cav vsiev ov et tadj.

Vjisi ot e piif fai vu iyqeptoup epf tuni tvegg ot piifif up tovi.

 

[KrystalW]

O tahhitv e wistevomi dunnisdoem siem itvevi qsuqisvz, howip vji nesliv dmonevi. Mudevoup ot iwiszvjoph op dunnisdoem siem itvevi. Zua teof zua esi muuloph gus e qmedi vu ci ev gus ecuav 10 ziest, tu ofiemmz, zua xepv e qmedi vjev ot aqdunoph, xovj muvt ug pix duptvsadvoup jeqqipoph, us ecuav vu jeqqip gus neyonan qsugovt. Og zua jewi ciip xusloph gsun juni, vji duptvsadvoup vjev xomm ci jeqqipoph xomm puv fivis zuas catopitt, tu zua dep tvomm xusl gsun vjisi, epf vjip op 10 ziest, iwiszvjoph ot huoph vu ci caomv aq esuapf zua, epf vjat opdsieti vji qsuqisvz wemai.