DigitSmith

Lease or Buy Equipment?

Reply
 
Thread Tools Search this Thread
Old December 7th, 2008, 10:40 PM   #1 (permalink)
Twoepic Twoepic is offline
Junior Member
Join Date:
Dec 2008
Posts:
1
Liked:
0 times
Cool Lease or Buy Equipment?

I'm starting a shop, was wondering if anyone knew the best route to take in regards to owning your equipment or leasing it.
Thanks
Send a private message to Twoepic ContactReply & Quote
Old December 8th, 2008, 01:30 PM   #2 (permalink)
SkyLinePrints SkyLinePrints is offline
Senior Member

SkyLinePrints's Avatar
Join Date:
Apr 2007
Posts:
161
Liked:
1 times
Default Re: Lease or Buy Equipment?

6 of one/half dozen of another. If your intent is to keep the equipment long term, then buying probably makes sense. If you want to hold and upgrade within a short window, leasing might make sense.

There are tax's to look into also. Full lease doesnt qualify for property taxes but purchase/lease purchse do. well, in my state anyway.

talk with a local cpa or tax advisor before making any final decisions.

just my .02. :-)
__________________
Have a great day!

Nathan Harrison
Skyline Prints Embroidery and Screen Printing
4982 Bill Gardner Pkwy
Locust Grove, GA 30248
(770) 914-1558
www.SkyLinePrints.com
Follow us on Twitter or FACEBOOK

Design your own shirt on our website.

We Bring Your Ideas To Life!
Send a private message to SkyLinePrints ContactReply & Quote
Reply



All times are GMT -4. The time now is 05:15 AM.
Copyright © 2011 DigitSmith. All rights reserved.
Forums software by VBulletin, Copyright © 2000-2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO ©2011, Crawlability, Inc.