Rent Expense

  

Well, you know what this is for yourself. You pay $3,800 for a one-bedroom dump in Silicon Valley with the asbestos in the ceiling. (It's fine. You don't want kids.) If you wanted it without the asbestos, it'd be $4,300.

Corporations rent (or lease) office space. It's a line item as an expense on their income statement. It's tax-deductible as a normal part of running the business, so the high costs aren't as painful as they are for normal individuals, where rent costs aren't deductible. But they still hurt.

Wouldn't it be oh so much better to be the landlord than the renter?

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