How was your year? (another Section 179 post)

2008 was interesting, wasn’t it? We had an historic election, we had $4 a gallon gas (thankfully only for a short time), we had a huge bailout of the financial industry, we had a credit crunch, and the sky fell, too. Ok, the last part is fake, but geez, you’d think the sky fell by watching the news.… Read More »

theLeaseGuy

Best Seats in the House

A client asked me an interesting equipment financing question the other day. He asked me if we’d finance PSL’s for his company. For those who don’t know the term, PSL’s are the acronym for Personal Seat License,  and are a fairly new charge imposed by sports team owners to season ticket holders (most notably in the NFL). Generally,… Read More »

theLeaseGuy

Failure.. It's the New Success

“Here’s an inside look at the mishaps of Honda racers, designers and engineers to learn how they draw upon failure to motivate them to succeed. From poor color choices to blown race engines, these risk-taking individuals provide an honest look at what most people fear most. Watch the film and discover the upside of failure.” Success isn’t permanent,… Read More »

theLeaseGuy

Get moving on Section 179

  If you’ve read here at all this year, you know that I champion businesses taking advantage of the Section 179 tax deduction. And here in the final few weeks of 2008, I’m going to champion it some more, because there’s scant time left for you to take advantage of this deduction for the current tax year. See,… Read More »

theLeaseGuy

Good Debt vs Bad Debt

Being that I work in equipment finance, I need to clear a little something up in regards to debt: Regardless of what you hear on the TV and such, debt is not evil, debt is not bad, and debt is not responsible for the economic slowdown. At least not good debt. What’s the difference you ask? Well, it’s… Read More »

theLeaseGuy