Posted 3/9/2012 11:54 (#2277501 - in reply to #2277381) Subject: Re: Lease versus buy
Mike, that is why a person needs to go over a lease with his accountant. However, most larger leasing companies have enough experience in setting up p leases to know what needs to be done to comply with the IRS regulations. Still, doesn't hurt to have your accountant go over it.