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  #11  
Old 01-02-2009, 10:47 PM
dtford dtford is offline
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I have leased/financed equipment *(Walkers) in the past. What i liked about leasing is, you take the whole payment as a deduction, and you don't depreciate the equipment over a set number of years.
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  #12  
Old 01-02-2009, 11:04 PM
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nosparkplugs nosparkplugs is offline
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Quote:
Originally Posted by dtford View Post
I have leased/financed equipment *(Walkers) in the past. What i liked about leasing is, you take the whole payment as a deduction, and you don't depreciate the equipment over a set number of years.
I agree you can depreciate the principle, and interest for the whole life of the equipment. Their are other advantages like not having the equipment on your personal credit or a personal guaranteed.
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