Thread: Depreciation
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Old 02-04-2001, 06:59 PM
zimm4 zimm4 is offline
LawnSite Member
Join Date: Mar 2000
Location: moline, IL
Posts: 106
On A lease you write off the lease payment as A expense. You do not write off the equipment. Make sure its A true lease. With A 10% buyout.

Leasing is best if you dont want the equipment afterwards.

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