Wayne Offiler
LawnSite Member
- Location
- N. Kingstown, RI
Plan to move up to my new ZTR come Dec. or Jan. I remember from earlier posts that there may be a tax advantage to leasing vs. buying and depreciating over a number of years.
I could take out a home equity loan @ 8.5%, but then (I guess) I could take only the interest on the payments as a business expense.
Any input from those who have faced a similar situation would be greatly appreciated.
I could take out a home equity loan @ 8.5%, but then (I guess) I could take only the interest on the payments as a business expense.
Any input from those who have faced a similar situation would be greatly appreciated.