Thread: Depreciation
View Single Post
  #2  
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.

Reply With Quote
 
Page generated in 0.04120 seconds with 7 queries