My business has low rent but is almost an hour from home. Should I buy a commercial office near home?

Is it a good time to buy commercial real estate?

It is always a good time to buy commercial real estate.

If you own the business... you might find it more advantageous to rent rather than own. Typically an entire lease payment is deductible vs. depreciation and interest on loans involved with ownership.

Leases typically are less out of pocket for an owner allowing business to put their money towards their core operations. Most business owners earn a higher return from their core business operations rather than appreciation of real estate, the principal reason for leasing vs. ownership (same with business cars).

Below is a website that I'm testing now, and will be releasing soon. But it'll give you an idea of a few names that sell the real estate they own to control as a lease.

In the end, I'd recommend taking your financials to your accountant and crunching the numbers to see if it makes sense for you...

PS... on a more human note... the other answer is a bit more common sense... A 2 hour a day commute can't be fun. Your the boss, work closer to home!

Quality of Life! What is 2 hours a day worth to you. So what if you overpay for the building, you will never recover the 2 hours a day. Go for it!!!