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I 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) Leasi
by loumf 12y ago
I 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