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Business equipment is a depreciable asset and as such it loses value over time. Just like a brand new automobile loses value the moment you drive it off the lot, machinery and office equipment is worth less the minute it leaves the store or showroom. The lease of equipment solves two problems. Because you do not own the equipment and are essentially just borrowing it for a period of time, you do not have to concern yourself with its value shrinking over time. Once your lease is up, you simply return the equipment and do not have to concern yourself with its value. Second, when you lease equipment, you are never stuck with old, outdated technology. It is easy to upgradeto new equipment each time your lease expires.
What else can I help you with?
In what circumstances is a capital lease a better alternative to an operating lease and under what circumstances is a clapital lease a better alternative than buying an asset?
1) When you do not need a current tax deduction, a capital works better, you can take depreciation over the term of the lease. 2) You buy a appreciating asset and lease a depreciating asset, A capital lease is better with a depreciating asset. http://www.equipmentleasing101.com
Is it a better deal to lease or buy a car?
Usually buying a car outright is a better deal if you can pay upfront without a loan. If you do need a loan, then depending on the deal you get for the loan vs. the lease it can be a better deal to lease, but not usually.
Is a long lease or short lease better?
I'd suggest finding an easy lease with flexible terms which will serve you better in the big picture than differing between a long term or a short term lease. Leasing shouldn't be complicated and finding an easy lease (http://officewarehousespace.net/easy-lease-program/) where you can name the terms is the ticket.
Can you purchase someones car when there lease is over?
No a lease is just a long term rental, it is owned by co he got it from but you can buy from them sometimes
Is it better to lease or purchase a car?
Buy the car
Which is better month to month tenancy or a lease?
It depends on your circumstances
Can you break your lease if you purchase a home?
No, purchasing a home is not sufficient reason to break your lease for a rented dwelling. However, you may want to talk to your landlord and see if he/she will release you from the remainder of your lease. Sometimes this involves paying all or a portion of the rent due from the remaining terms of the lease.
Buy or Lease?
Buy or Lease? Should you lease or buy your car? Use this calculator to find out! We calculate your monthly payments and your total net cost. By comparing these amounts, you can determine which is the better value for you.
What does Huur gaat voor koop mean?
A term which means ‘lease goes before sale’. Where leased premises are sold before the lease has expired, the tenant may in terms of the “huur gaat voor koop” rule occupy the premises until the lease expires. In the case of a long lease (i.e. a lease for a period of 10 years or longer), this applies only if the lease is in writing and registered against the title deed of the leased premises, or if the purchaser at the time of conclusion of the sale knew that the lease was a long lease.
Are laboratory ovens available for lease?
Sometimes they are. you can check with industrial or medical supply companies.
Can you switch apartments in the middle of your lease without breaking your lease?
Do you mean moving to another apartment owned by the same landlord? If so, then I suppose that the parties have agreed to leave the terms of the lease the same, and just transfer the lease to a different unit. Nothing wrong with that, but it might be a better idea to sign a new lease.
Are automobile lease payments tax deductible?
Not on personal leases, sometimes on business leases (as an expense).
