On 7/1/03 2:25 am David Tingey wrote:
> Yes, leasing is 100% tax deductible, it's treated like a rental. Also, most > companies allow you to keep the item at the end of the term by paying a > "peppercorn" rental, usually the equivalent of an extra 1 month's rental, so > you can use it until it dies. Only problem can be that the "peppercorn" rental can be every year! On my vehicle, I still have to pay about � 250.00 once a year and I cannot sell the vehicle myself. I can only find a buyer. The leasing company have to be paid and if the price is more than the residual value then they give you the difference! Not sure if this is the same with IT gear? Glyn -- Glyn Davies Photography Northern Committee of AOP www.glyndavies.com Tel: 01248 715511 =============================================================== GO TO http://www.prodig.org for ~ GUIDELINES ~ un/SUBSCRIBING ~ ITEMS for SALE
