For a small business, S corporation, when is it better financially to lease or purchase needed items? - business lease form
I am a newly created p. I need a Dell laptop rent or buy? Is there a minimum amount of costs incurred on expenses before you receive a tax credit.
Sunday, January 17, 2010
Business Lease Form For A Small Business, S Corporation, When Is It Better Financially To Lease Or Purchase Needed Items?
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Hi,
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So you have to do the calculations. If you can buy goods depreciate. If you rent in advance, $ save, and can use the saved money to invest in your company.
ReplyDeleteShopping is usually better. If the rental period is longer than the lifetime of the machine, then you will pay for something that is not used. If you can buy for the depreciation life of 3 years from the machine deduction - if you buy a very cheap machine, you may be able to spend all in 1 year.
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