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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.

Page 3 of 3
  1. Apr 19, 2015 #21
    MysticHZ

    MysticHZ Road Train Member

    5,902
    5,726
    May 28, 2010
    0
    The interest is ... payment equals interest + principal - principal is depreciated ... so 100% deductible. And it all happens when you file your taxes any way, regardless if it is lease payment or depreciation. So there is really is nothing to "get at".
     
    MysticHZ, Apr 19, 2015
    MysticHZ, Apr 19, 2015
    #21
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  3. Apr 19, 2015 #22
    Jamicanexpress

    Jamicanexpress Light Load Member

    140
    17
    Apr 16, 2015
    Dayton Ohio
    0
    Alsome that make since so do u pay quarly or at the end of the year
     
    Jamicanexpress, Apr 19, 2015
    Jamicanexpress, Apr 19, 2015
    #22
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