Re: [WISPA] equipment state property taxes

2009-01-05 Thread Blake Bowers
wireless@wispa.org Sent: Monday, January 05, 2009 10:01 AM Subject: Re: [WISPA] equipment state property taxes Mt. Sterling. 30 miles east of Lexington. -RickG On Sun, Jan 4, 2009 at 9:03 PM, Chuck Hogg ch...@avolutia.com wrote: What part of KY? I've yet to receive anything

Re: [WISPA] equipment state property taxes

2009-01-05 Thread Tom DeReggi
:36 AM Subject: Re: [WISPA] equipment state property taxes Is this property tax or sales tax? It sounds like the latter to me. If you have a fair market value lease then your lease company should have to eat this in my opinion (for what that's worth). If it is a dollar buyout lease

Re: [WISPA] equipment state property taxes

2009-01-05 Thread Brian Rohrbacher
;RickG" rgunder...@gmail.com Sent: Saturday, January 03, 2009 11:52 PM To: "WISPA General List" wireless@wispa.org Subject: [WISPA] equipment state property taxes Well, I thought I wouldnt have to worry about state property taxes on my equipment because it was leased, but I rec

Re: [WISPA] equipment state property taxes

2009-01-05 Thread RickG
It is property tax AKA usage tax and has nothing to do with sales tax. Also, it is a FMV lease. Unfortunately, the leasing company wrote it into the lease. Thanks to all for your comments! -RickG On Mon, Jan 5, 2009 at 11:36 AM, John Scrivner j...@scrivner.com wrote: Is this property tax or

Re: [WISPA] equipment state property taxes

2009-01-05 Thread RickG
Property Tax or not. Tom DeReggi RapidDSL Wireless, Inc IntAirNet- Fixed Wireless Broadband - Original Message - From: John Scrivner j...@scrivner.com To: WISPA General List wireless@wispa.org Sent: Monday, January 05, 2009 11:36 AM Subject: Re: [WISPA] equipment state property taxes

Re: [WISPA] equipment state property taxes

2009-01-05 Thread Scottie Arnett
Called tangible personal property tax in TN. Scottie -- Original Message -- From: Brian Rohrbacher br...@reliableinter.net Reply-To: WISPA General List wireless@wispa.org Date: Mon, 05 Jan 2009 09:21:56 -0500 Wireless High Speed Broadband service from

Re: [WISPA] equipment state property taxes

2009-01-05 Thread RickG
To: WISPA General List wireless@wispa.org Sent: Monday, January 05, 2009 10:01 AM Subject: Re: [WISPA] equipment state property taxes Mt. Sterling. 30 miles east of Lexington. -RickG On Sun, Jan 4, 2009 at 9:03 PM, Chuck Hogg ch...@avolutia.com wrote: What part of KY? I've yet to receive

Re: [WISPA] equipment state property taxes

2009-01-05 Thread Brian Rohrbacher
uke it out with them, but that depends on how your leasing contract is written. Regards Faisal Imtiaz -Original Message- From: wireless-boun...@wispa.org [mailto:wireless-boun...@wispa.org] On Behalf Of RickG Sent: Sunday, January 04, 2009 12:53 AM To: WISPA General List Subject: [WISPA] equip

Re: [WISPA] equipment state property taxes

2009-01-04 Thread Mike Hammett
Intelligent Computing Solutions http://www.ics-il.com -- From: RickG rgunder...@gmail.com Sent: Saturday, January 03, 2009 11:52 PM To: WISPA General List wireless@wispa.org Subject: [WISPA] equipment state property taxes Well, I thought I wouldnt have

Re: [WISPA] equipment state property taxes

2009-01-04 Thread George Rogato
, January 03, 2009 11:52 PM To: WISPA General List wireless@wispa.org Subject: [WISPA] equipment state property taxes Well, I thought I wouldnt have to worry about state property taxes on my equipment because it was leased, but I received a nice Christmas present from my leasing company in the form

Re: [WISPA] equipment state property taxes

2009-01-04 Thread eje
grad) and our CPA. /Eje Sent via BlackBerry from T-Mobile -Original Message- From: Mike Hammett wispawirel...@ics-il.net Date: Sun, 4 Jan 2009 10:15:12 To: WISPA General Listwireless@wispa.org Subject: Re: [WISPA] equipment state property taxes I've never heard of a property tax

Re: [WISPA] equipment state property taxes

2009-01-04 Thread Chuck McCown - 3
Us too. Personal property. - Original Message - From: George Rogato wi...@oregonfast.net To: WISPA General List wireless@wispa.org Sent: Sunday, January 04, 2009 9:19 AM Subject: Re: [WISPA] equipment state property taxes Yeppers Our county has a property tax on business equipment

Re: [WISPA] equipment state property taxes

2009-01-04 Thread Travis Johnson
-- From: "RickG" rgunder...@gmail.com Sent: Saturday, January 03, 2009 11:52 PM To: "WISPA General List" wireless@wispa.org Subject: [WISPA] equipment state property taxes Well, I thought I wouldnt have to worry about state property taxes on

Re: [WISPA] equipment state property taxes

2009-01-04 Thread Mike Hammett
://www.ics-il.com -- From: Mike Hammett wispawirel...@ics-il.net Sent: Sunday, January 04, 2009 10:15 AM To: WISPA General List wireless@wispa.org Subject: Re: [WISPA] equipment state property taxes I've never heard of a property tax that was applied

Re: [WISPA] equipment state property taxes

2009-01-04 Thread George Rogato
Intelligent Computing Solutions http://www.ics-il.com -- From: Mike Hammett wispawirel...@ics-il.net Sent: Sunday, January 04, 2009 10:15 AM To: WISPA General List wireless@wispa.org Subject: Re: [WISPA] equipment state property taxes

Re: [WISPA] equipment state property taxes

2009-01-04 Thread Eje Gustafsson
...@wispa.org] On Behalf Of George Rogato Sent: Sunday, January 04, 2009 12:17 PM To: WISPA General List Subject: Re: [WISPA] equipment state property taxes It's not really traveling people spreading the word. It's all those politicians get together and come up with new ways to extract fees

Re: [WISPA] equipment state property taxes

2009-01-04 Thread Blair Davis
els. From the looks of things Europe managed very well here. / Eje -Original Message- From: wireless-boun...@wispa.org [mailto:wireless-boun...@wispa.org] On Behalf Of George Rogato Sent: Sunday, January 04, 2009 12:17 PM To: WISPA General List Subject: Re: [WISPA] equipment state property t

Re: [WISPA] equipment state property taxes

2009-01-04 Thread George Rogato
] On Behalf Of George Rogato Sent: Sunday, January 04, 2009 12:17 PM To: WISPA General List Subject: Re: [WISPA] equipment state property taxes It's not really traveling people spreading the word. It's all those politicians get together and come up with new ways to extract fees. They swap ideas

Re: [WISPA] equipment state property taxes

2009-01-04 Thread Tom DeReggi
: Re: [WISPA] equipment state property taxes You have to look at your leasing contract... For the correct answer Having said that Keep in mind that Leasing companies are providing an alternate form of financing, so they are not expecting to incur additional costs other than the equipment

Re: [WISPA] equipment state property taxes

2009-01-04 Thread Tom DeReggi
04, 2009 1:53 AM Subject: Re: [WISPA] equipment state property taxes Yes, this is correct. We have to pay it on all our leases in the form of property taxes. :( Travis Microserv RickG wrote: Well, I thought I wouldnt have to worry about state property taxes on my equipment because

Re: [WISPA] equipment state property taxes

2009-01-04 Thread can...@believewireless.net
Check with your accountant but I do believe this depends on the lease. If you havea $1 buyout, you have to pay the property taxes. But I don't think you have to pay it if you have a fair market buyout. Unless, of course, you purchase the equipment at the end of the lease and then it would be

Re: [WISPA] equipment state property taxes

2009-01-04 Thread George Rogato
Tom DeReggi wrote: That is incorrect. If you are a store that sells big screen TVs you pay property tax on your inventory of Big screen TVs. And technically an end user is supposed to pay tax for their big screen TV also, there just isn't a way for the government to know about it. I

Re: [WISPA] equipment state property taxes

2009-01-04 Thread Tom DeReggi
- Original Message - From: Mike Hammett wispawirel...@ics-il.net To: WISPA General List wireless@wispa.org Sent: Sunday, January 04, 2009 11:15 AM Subject: Re: [WISPA] equipment state property taxes I've never heard of a property tax that was applied to anything other than a parcel of land

Re: [WISPA] equipment state property taxes

2009-01-04 Thread eje
to pay our ever increasing tax payment every year. /Eje --Original Message-- From: George Rogato Sender: wireless-boun...@wispa.org To: WISPA General List ReplyTo: WISPA General List Subject: Re: [WISPA] equipment state property taxes Sent: Jan 4, 2009 14:41 Tom DeReggi wrote

Re: [WISPA] equipment state property taxes

2009-01-04 Thread eje
to pay our ever increasing tax payment every year. /Eje --Original Message-- From: George Rogato Sender: wireless-boun...@wispa.org To: WISPA General List ReplyTo: WISPA General List Subject: Re: [WISPA] equipment state property taxes Sent: Jan 4, 2009 14:41 Tom DeReggi wrote

Re: [WISPA] equipment state property taxes

2009-01-04 Thread RickG
Kentucky, you'all :) On Sun, Jan 4, 2009 at 1:18 AM, Jack Unger jun...@ask-wi.com wrote: What state, mate? RickG wrote: Well, I thought I wouldnt have to worry about state property taxes on my equipment because it was leased, but I received a nice Christmas present from my leasing company

Re: [WISPA] equipment state property taxes

2009-01-04 Thread RickG
Imtiaz -Original Message- From: wireless-boun...@wispa.org [mailto:wireless-boun...@wispa.org] On Behalf Of RickG Sent: Sunday, January 04, 2009 12:53 AM To: WISPA General List Subject: [WISPA] equipment state property taxes Well, I thought I wouldnt have to worry about state property

Re: [WISPA] equipment state property taxes

2009-01-04 Thread RickG
. /Eje Sent via BlackBerry from T-Mobile -Original Message- From: Faisal Imtiaz fai...@snappydsl.net Date: Sun, 4 Jan 2009 01:20:35 To: 'WISPA General List'wireless@wispa.org Subject: Re: [WISPA] equipment state property taxes You have to look at your leasing contract

Re: [WISPA] equipment state property taxes

2009-01-04 Thread RickG
Travis, Doesnt this take away some of the argument for leasing? This is one item (I may have mised it) that didnt seem to make it in the discusions of for/against leasing. Alternatively, since we get taxed on the equipment, do we get to depreciate it? -RickG On Sun, Jan 4, 2009 at 1:53 AM,

Re: [WISPA] equipment state property taxes

2009-01-04 Thread RickG
We have the fair market value lease. I'd like to think that removes my responsilbity of paying the taxes but I have a hunch... On Sun, Jan 4, 2009 at 9:05 AM, can...@believewireless.net p...@believewireless.net wrote: Check with your accountant but I do believe this depends on the lease. If

Re: [WISPA] equipment state property taxes

2009-01-04 Thread eje
. /Eje Sent via BlackBerry from T-Mobile -Original Message- From: RickG rgunder...@gmail.com Date: Sun, 4 Jan 2009 18:47:04 To: WISPA General Listwireless@wispa.org Subject: Re: [WISPA] equipment state property taxes Travis, Doesnt this take away some of the argument for leasing

Re: [WISPA] equipment state property taxes

2009-01-04 Thread Tom DeReggi
Broadband - Original Message - From: RickG rgunder...@gmail.com To: WISPA General List wireless@wispa.org Sent: Sunday, January 04, 2009 6:47 PM Subject: Re: [WISPA] equipment state property taxes Travis, Doesnt this take away some of the argument for leasing? This is one item (I may

Re: [WISPA] equipment state property taxes

2009-01-04 Thread Tom DeReggi
. Tom DeReggi RapidDSL Wireless, Inc IntAirNet- Fixed Wireless Broadband - Original Message - From: RickG rgunder...@gmail.com To: can...@believewireless.net; WISPA General List wireless@wispa.org Sent: Sunday, January 04, 2009 6:48 PM Subject: Re: [WISPA] equipment state property taxes

Re: [WISPA] equipment state property taxes

2009-01-04 Thread Travis Johnson
Hi, If you are doing a $1 buyout on the lease, then you do get hit with property taxes on it (depending your state and/or county), but you get the depreciation. If you are doing a FMV lease, then you don't get taxed on it and the entire amount is deductible on your taxes. Contact your

Re: [WISPA] equipment state property taxes

2009-01-04 Thread Chuck Hogg
What part of KY? I've yet to receive anything of the such... -Original Message- From: wireless-boun...@wispa.org [mailto:wireless-boun...@wispa.org] On Behalf Of RickG Sent: Sunday, January 04, 2009 6:41 PM To: WISPA General List Subject: Re: [WISPA] equipment state property taxes

[WISPA] equipment state property taxes

2009-01-03 Thread RickG
Well, I thought I wouldnt have to worry about state property taxes on my equipment because it was leased, but I received a nice Christmas present from my leasing company in the form of a $1700 bill. They were billed from our local tax authority and in turn expect me to pay it. My CPA was surprised

Re: [WISPA] equipment state property taxes

2009-01-03 Thread Jack Unger
What state, mate? RickG wrote: Well, I thought I wouldnt have to worry about state property taxes on my equipment because it was leased, but I received a nice Christmas present from my leasing company in the form of a $1700 bill. They were billed from our local tax authority and in turn

Re: [WISPA] equipment state property taxes

2009-01-03 Thread Faisal Imtiaz
Faisal Imtiaz -Original Message- From: wireless-boun...@wispa.org [mailto:wireless-boun...@wispa.org] On Behalf Of RickG Sent: Sunday, January 04, 2009 12:53 AM To: WISPA General List Subject: [WISPA] equipment state property taxes Well, I thought I wouldnt have to worry about state property

Re: [WISPA] equipment state property taxes

2009-01-03 Thread eje
List'wireless@wispa.org Subject: Re: [WISPA] equipment state property taxes You have to look at your leasing contract... For the correct answer Having said that Keep in mind that Leasing companies are providing an alternate form of financing, so they are not expecting to incur additional costs

Re: [WISPA] equipment state property taxes

2009-01-03 Thread Faisal Imtiaz
the monthly payments will be footing the bill -:) Faisal Imtiaz -Original Message- From: wireless-boun...@wispa.org [mailto:wireless-boun...@wispa.org] On Behalf Of Jack Unger Sent: Sunday, January 04, 2009 1:19 AM To: WISPA General List Subject: Re: [WISPA] equipment state property taxes What

Re: [WISPA] equipment state property taxes

2009-01-03 Thread Travis Johnson
Yes, this is correct. We have to pay it on all our leases in the form of property taxes. :( Travis Microserv RickG wrote: Well, I thought I wouldnt have to worry about state property taxes on my equipment because it was leased, but I received a nice Christmas present from my leasing company