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Tax Question

Discussion in 'Business Operations' started by Harvestman, Sep 8, 2001.

  1. Harvestman

    Harvestman LawnSite Member
    Posts: 233

    I'm looking to get a new f-250 truck. My Question is this is it better to lease or buy? For tax advantges which way gives you a more favorable tax position. Thanks Harvestman;)
  2. Lanelle

    Lanelle LawnSite Bronze Member
    Posts: 1,361

    Lots of variables with this. You really should talk to your CPA.
  3. Premo Services

    Premo Services LawnSite Bronze Member
    Posts: 1,516

    I agree, you need to get the CPAs advice, they know how to give you the best tax advantages.... A few years ago, I was interested in leasing, but after talking to my accountant, I bought my truck. Income and every situation is different, they will know how to steer you in the right direction.;)
  4. cp

    cp LawnSite Senior Member
    Posts: 263


    Only your CPA knows for sure...:)

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