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Is the Apple Leasing Program Good for a New Startup?
Recently started a new company focused on connected cars/IoT and need some new hardware. For now my co-founders and I are still working nights and weekends, so no FTEs yet, but we've gotta legit LLC and EIN setup.
- Have other people used the Apple leasing program and if so have they had a good experience?
- Can you use it for iPads and iPhones, or is it just for laptops and monitors?
- which program offers the best tax deduction?
- We're bootstrapping - which is easiest on cash flow?
- loumf 12y agoI am not an accountant -- but you should talk to one if this is for a lot of money (or learn to put together the cashflow/depreciation schedule yourself) Leasing is generally more expensive overall, but offers near-term tax deductions that match cash outlays (instead of depreciation). It might be shorter term better for cash-flow. If you don't make any revenue, deductions are meaningless.
- bfhacks 12y agoGood points. Thanks
- deleted 12y ago[deleted]