LkWd_Don
Regular Member
Almost all of these large companies Lease their buildings. Makes their Balance Sheet's look better for Wall Street. Even if they buy the land, build the building themselves, they will almost always sell it with a "Lease Back" agreement.
Rent is 100% deductible each year. Depreciation of non-residential property is spread over 39 years.
It's almost always a given that these Mall Complex Buildings are owned by someone other than the occupant but the occupant still has the right to make their own rules for use.
I knew that already. Having dealt with Malls like the Lakewood Mall (Now the Lakewood Towne Center owned by Inland Properties), Tacoma Mall (Simon Property Group), and South Center Mall (Westfield) before.
Maybe I should have said tbegin with that it was a rhetorical question.