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6 Things You Need To Know About Leasing Equipment

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Chris Motola

Chris Motola

Finance Writer at Merchant Maverick
Chris Motola is a writer, programmer, game designer, and product of NY. These days he's mostly writing about financial products, but in a past life he wrote about health care and business. He's a graduate of the University of Central Florida.
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2 Comments

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    Leslie Howard

    Chris, your article makes some nice points but you didn’t mention one of the more currently pressing issues with leases–the new balance sheet based accounting rules that CPAs will soon require you take onto your business books. While the rules don’t specifically kick for a couple of years, the negotiation of leases that run more than a couple of years from “today” will potentially affect relationships with co-investors, lenders, etc.

    https://www2.deloitte.com/us/en/pages/risk/articles/new-lease-accounting-standard.html?id=us:2ps:3gl:risk:eng:adv:041116:na:na:DFCHGNpU:952189786:192660124508:b:Lease_Accounting:Lease_Accounting_BMM:nb

    Cheers!

      This comment refers to an earlier version of this post and may be outdated.

      Chris Motola

      You’re absolutely right, Leslie. I’ve started to touch on that in some other posts, but it’s definitely something lessees should be aware of. Thanks for bringing it up!

        This comment refers to an earlier version of this post and may be outdated.

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