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Is there a truck lease charged by the mile?
Discussion in 'Lease Purchase Trucking Forum' started by HarvOS, Apr 8, 2015.
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If you have customers and no truck, get a leased unit from Penske. Just pay them the lease and the fuel, and if the truck breaks down, they will bring another one.
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Nope I'm going to be new to the leasing a truck game and I want to make money just want to know what to look for in leasing then owning
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A lease payment is 100% deductible. Unlike on a loan where 0% is.
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Actually all the expenses on a loan are also 100% deductible ... the interest is deductible as you pay it and the principal is depreciated.
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Thanks so any of u currently leasing a truck
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You are correct, you can and should depreciate when you file taxes. However the payment itself not tax deductible and that is what I was trying to get at.
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I see your point thank u
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One way or another, you are going to pay either directly or indirectly.
Is that home grown or home brewed you are not sharing? -
go to lone mountain lease, lease a truck and at the end just sell it it would make more sense in your situation
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