Tom
Sammamish,#2Consumer Suggestion
Sat, May 10, 2008
Did you ever ask if you could just buy the equipment? Could you afford that option? Leasing cars, equipment, personal goods (like Comcast cable tv) is all a lease that is more than just an initial sale. I had worked for a company in Washington that leased equipment as well--did you know that that lease is a 100% deduction on your business taxes. So while you are making money, owning a piece of equipment, you are also not paying for the final cost if your accountant knows that this is a lease on equipment for your business.