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A good lease gives you ownership of the quipment at the end of the lease.
Should you buy or lease?
Buy: No monthly payments, and a depreciation tax write off for 5 years
Lease: no or minimal up front cash, a monthly payment, a monthly operating expense similiar to rent or payroll
I have always paid cash and bought my equipment. I like not having a big monthly payment and I also like the depreciation deduction.
JTF
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