What are the tax benefits associated with leasing?
From the lessees viewpoint, you may be able to deduct the monthly lease payment as a business expense on your tax returns if you have an operating lease you might be able to deduct 100% of your lease payment. You should seek specific advice from your accountant. From the lessor perspective, unless you chose a $1 buyout option, the lessor holds legal title to the equipment and is entitled to any tax benefits associated with ownership.
