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Old 07-05-2001, 10:01 PM
Rupslawn Rupslawn is offline
LawnSite Member
 
Join Date: Jul 2001
Location: Pearl City, Hawaii, USA
Posts: 12
Equipment Sale/Leaseback

Aloha,
This is my first post, so am looking forward to some response.
Saw an article in the ALCA magazine and Mr. Kujawa's strategy of
personally buying equipment and then leasing it to his company.
Trying to get sense of it and the pros and cons of it. Anyone
have current information?
Would it make sense to form another company to purchase the
and then lease it to the landscape side? Or is it better to do it personally? What kind of paperwork is involved? Do you need lawyer? CPA?
Appreciate any assistance or expertise.
Incidentally, it's 85 degrees and surfs up!

Mahalo,
Rupert
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