For Lease, For Rent, or For Sale, Oh My!: Decoding Your Mobile Office Financial Options
What are the benefits of leasing a mobile office?
Low monthly payments. Monthly payments are often lower on a mobile office lease than on a mobile office purchasing loan because you are only paying for the portion of the mobile office that you use during your lease. If you do not anticipate needing your mobile office permanently, leasing can be a good option.
More mobile office for your money. Because leasing a mobile office allows you to pay less per month on a mobile office than if you had purchased it, you may be able to get more of the features you want in a mobile office at an affordable price
No down payment. Unlike most mobile office purchasing loans, leases generally don’t require a down payment, (or only require a small one) which can free your cash up for other business expenses.
Possible tax-deductions. Depending on the mobile office lease structure, you may be able to get a tax deduction on your lease, as you are generally taxed only on the portion of the value of the mobile office that you utilize during your lease. In addition to this possible tax deduction, the taxes that you do incur may be spread out over the lease period of the mobile office instead of taken out all at once.
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