Author Archives: theLeaseGuy
I wish I had better news to report in terms of Section 179’s limits. But I don’t. It looks like we’re going to ride the year out with a $25,000 maximum deduction. Yes, there could be a post midterm election surprise, but time is running out, and congress has never been known to act speedy. In fact, “time”… Read More »
Moving along in our current lease discussion, let’s talk about the 10% purchase option lease. Essentially, the 10% purchase option lease is similar to the $1 buyout lease we discussed last time (this post will answer a common question I get: “what’s the difference between a $1 buyout lease and a 10% purchase option lease”, to which I… Read More »
Let’s continue the lease discussion I’ve been doing the past few posts by discussing “what is a $1 buyout lease?” To recap, we talked about leasing in an overall sense, talked about capital leases vs. operating leases, and even discussed leasing vs. financing. Now we’re into the individual leases, and like stated above, we’ll do the most popular… Read More »
I’ve been talking about leases recently, and we’ll continue that today. But I wanted to answer a question I got via e-mail regarding leasing. Here’s the question: Hi Fletch, In a recent blog, you talked about a $1 buyout lease and other Capital Leases, where at the end of the lease, the company then buys the equipment for… Read More »
Let’s continue our discussion on equipment leasing. Last time, I gave a broad overview on the two major lease types, and then a bunch of leases that are commonly used. Today, we’ll look at the two major lease structures, and discuss the advantages of both: Let’s start with a Capital Lease. A capital lease is where the company… Read More »