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Old 11-20-2012, 10:50 AM
zabmasonry zabmasonry is offline
LawnSite Senior Member
 
Join Date: Oct 2007
Location: C. VT
Posts: 300
Your accountant likely wants you to personally own the equipment so that it is not an asset that is subject to the companies liabilities. Since you actually own the asset, if anything happens to the business then you retain the value of the asset instead of losing it with the business.
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