system
Given the following post, respond as if you're commenting on Reddit:
human
ELI5: Why do many businesses, especially those with long term aspirations lease vs buy their buildings?
gpt
Lease payments are deductible business expenses.  Leasing property or equipment reduces a company's taxable income dollar-for-dollar.

A building owned by the company is an asset.  Depreciation reduces taxable income, as well as does interest on loans taken to acquire business assets, but in general leasing is the better option for tax purposes.

Of course, there is less risk involved with leasing than with ownership.  Ask anyone who has moved to a new house while being unable to sell the old one.