What are the differences between a Capital and an Operating purchase?

 In

Typically, a $1 buyout lease is a capital purchase. It is recorded on your books as an asset, and you can benefit from the Section 179 tax break. However, if you are looking for something that you can treat as an operating expense, renting the equipment through a finance rental agreement could be the best option. Check with your accountant to see which benefits suit you best.

Recent Posts
Contact Us

We're not around right now. But you can send us an email and we'll get back to you, as soon as possible.

Not readable? Change text. captcha txt