|
| It is funny that you mention leasing machinery. For the past 2-3 years I have noticed dealers REALLY pushing leasing, basically pushing a low payment. When you look at it, they are 5 year leases with 50-55% buyouts on the end, so the machinery is basically getting financed over 10 years that route. Top that off with if you sell something outright and lease the new item 100%, which what is needed to be a true lease in the IRS's eyes, you also may have a surprise come tax time if most of the existing machinery is depreciated out, which also is very common these days. | |
|
When does farming react to low prices?
