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Is rented equipment considered an asset?
Rented Equipment is not an asset. If there is a refundable security deposit, that amount would be posted as an asset. The rental payments are usually posted to Equipment Rental Expense and no further accounting is necessary.
Is equipment rental an expense?
Yes if equipment is leased on rent then rental payment is expense through income statement of that specific fiscal year.
Do you claim rent on income taxes?
Residential rent is not deductible. You can deduct any rent used for business purposes such as office rental, equipment rental, vehicle rental, etc.
Is gain on sale of rental property taxable to a non resident of New York state?
Yes, both at the Federal and State levels. Your business activity made you taxable on this, and possibly other income, too NYS whether you reside there or not.
Where do Rental deposits appear in balance sheet?
Liability - It is not your money until the tenant moves out and is either reimbursed or used up.
What do I need to give to the equipment rental supplier as far as deposits?
There is no fixed deposit figure. What you will have to deposit depends on the particular rental supplier.
Is rented equipment considered an asset?
Rented Equipment is not an asset. If there is a refundable security deposit, that amount would be posted as an asset. The rental payments are usually posted to Equipment Rental Expense and no further accounting is necessary.
Do Hertz Equipment provide any equipment rental services?
Hertz Equipment Rental provides a wide variety of rental services. These include construction equipment, aerial equipment, safety equipment as well as the trucks and trailers that would be expected from a vehicle rental company.
How much is security deposit for a house rental?
I don't know how much other companies charge for security deposits but San Diego Resort Rentals and Services requires 25% of total anticipated charges.
What is the statute of limitations for rental security deposits in CA.?
Law of the California conspiracy statute of limitations
where can I buy equipment rental agreement forms ?
where can I purchase equipment rental agreement forms?
Where would one be able to get equipment rental?
One can get equipment rental from a number of companies. One can rent equipment from Hertz Equipment Rental, Sunbelt Rentals, United Rentals and The Home Depot.
Does Pitney Bowes charge a rental fee for its equipment or do they require customers to purchase their equipment?
Pitney Bowes does charge a rental fee per your rental term. You can also purchase the equipment if you do not want to rent the equipment.
Where can i get a quote on a vehicle equipment rental?
When you are looking for information about equipment rental, l would recommend the comparison sites like ebay and amazon. Many equipment rental companies have accounts there, and customer feedback is useful in helping you to decide which equipment rental company is right for you.
Is an aerial lift commonly available from an equipment rental firm?
Aerial lifts are pretty common for rental. They are available are most equipment rental firms.
Is employee use of a rental vehicle taxable income?
If it is not for business purposes, then yes.
What is a ssu charge on a rental car?
In Hawaii it is a state surcharge, which is non-taxable
