If you're weighing the advantages of a lease versus a purchase, consider the flexibility of the lease-purchase option. With this option the standard lease agreement includes the purchase price for the structure, given its age and condition.  Every month, 80% of your lease payments are credited toward the purchase price.  You may buy the structure at any time, for the outstanding balance.  Or return the structure when your project is complete, with no future obligation.

The lease / purchase option is ideal when there is uncertainty surrounding a project. Uncertainty takes many forms:

• Length of time a structure might be used
• Space considerations that might require a larger or smaller structure in the future
• The desire to use the structure before committing to the purchase

The lease / purchase option is a desirable way to build equity without making a lump sum purchase. In most cases the monthly payments can be recorded as a fully deductible rental expense.