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True Lease
(redirected from True Leases)

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True lease
A contract that qualifies as a valid lease agreement under the Internal Revenue Code.

True Lease
A multi-year lease in which the lessee maintains residence or usufruct of the leased property or asset while the lessor may claim a tax deduction on depreciation. Likewise, the lessee may claim a capital expense deduction. An operating lease in which the lessor repossesses the property or asset at the end of the lease is a primary example of a true lease.


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[ILLUSTRATION OMITTED] Mixing the use of true leases and conditional sales leases can help a business avoid exceeding the $800,000 cap because leased equipment does not qualify for Section 179.
These will include true leases with fair market value residual, full-payout leases, tax-exempt municipal programs, and options for seasonally adjusted "flex" payments.
True Leases Debt for tax treatment is likely to be a significant goal in the case of transfers of true leases.
 
 
 
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