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reply to fAcEtIOUs

Re: Good going

said by fAcEtIOUs:

said by BPLSUCKS9:

Exec 1:"Don't worry we will lease them back and end up paying more in the long run than if we kept them ourselves!"
There are tax advantages leasing versus owning. State & local taxes can be eliminated and federal taxes can be reduced as leases are operational expenses that reduce taxable income.
Exactly! One thing we both agree upon.

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