Normally the lessee pays the property taxes in assessments during the term of the lease.
You can think of equipment leases as triple net. The lessee company only pays the upfront cost. You pay anything else. On May 5, 2015 8:50 AM, "Kurt Fankhauser" <[email protected]> wrote: > So when doing an equipment lease with $1 buyout at the end what kind of > taxes is the leasing company going to pass on to me? They have already > bundled the sales tax of the equipment into the initial price. I asked them > if there was going to be anything else in the base monthly price and they > said no, however I have heard of people doing leases that get hit with > property taxes of the equipment later on down the road. Does that apply in > Ohio? > > Kurt Fankhauser > > Wavelinc Communications > > P.O. Box 126 > > Bucyrus, OH 44820 > > http://www.wavelinc.com > > tel. 419-562-6405 > > fax. 419-617-0110 >
