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 > 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 based on the fair market value. > > On Sun, Jan 4, 2009 at 1:53 AM, Travis Johnson <t...@ida.net> wrote: > >> 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 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 as well and said there may be some exceptions for >> > Internet providers. Has anyone heard of this? >> > -RickG >> > >> > >> > >> -------------------------------------------------------------------------------- >> > WISPA Wants You! Join today! >> > http://signup.wispa.org/ >> > >> -------------------------------------------------------------------------------- >> > >> > WISPA Wireless List: wireless@wispa.org >> > >> > Subscribe/Unsubscribe: >> > http://lists.wispa.org/mailman/listinfo/wireless >> > >> > Archives: http://lists.wispa.org/pipermail/wireless/ >> > >> > >> > >> >> >> >> -------------------------------------------------------------------------------- >> WISPA Wants You! Join today! >> http://signup.wispa.org/ >> >> -------------------------------------------------------------------------------- >> >> WISPA Wireless List: wireless@wispa.org >> >> Subscribe/Unsubscribe: >> http://lists.wispa.org/mailman/listinfo/wireless >> >> Archives: http://lists.wispa.org/pipermail/wireless/ >> > > > -------------------------------------------------------------------------------- > WISPA Wants You! Join today! > http://signup.wispa.org/ > -------------------------------------------------------------------------------- > > WISPA Wireless List: wireless@wispa.org > > Subscribe/Unsubscribe: > http://lists.wispa.org/mailman/listinfo/wireless > > Archives: http://lists.wispa.org/pipermail/wireless/ > -------------------------------------------------------------------------------- WISPA Wants You! Join today! http://signup.wispa.org/ -------------------------------------------------------------------------------- WISPA Wireless List: wireless@wispa.org Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/
