Posted 3/9/2012 11:23 (#2277449 - in reply to #2277381) Subject: RE: Lease versus buy
Charles City. Iowa
IRS on Farmer Equipment Buy can be 10% or higher not One dollor. For me Lease on Pickup is market Value. I can not have a 10% buy out.
We put up some new building for Bussness new Building write off is 39.5 years for farmers last years as 100% in one year. We Lease for 5 years with a 20% buy out.