Comment Re:Whoops (Score -1) 510
There are some benefits to renting even if more expensive long run:
1. It can be easier to fully deduct the rental as an ongoing operation expense. A computer purchase might have to be treated as a capital expense and probably depreciated over serveral years.
2. Depending on the terms of your contract, you might not be fully liable if a disaster (hurricane, tornado, flood) destroys your rented computers.
3. Again, depending on the terms of your contract, if the BSA or sheriff's office raids you and takes the rented computers, it might not be your problem, you rent another batch and keep on working.
1. It can be easier to fully deduct the rental as an ongoing operation expense. A computer purchase might have to be treated as a capital expense and probably depreciated over serveral years.
2. Depending on the terms of your contract, you might not be fully liable if a disaster (hurricane, tornado, flood) destroys your rented computers.
3. Again, depending on the terms of your contract, if the BSA or sheriff's office raids you and takes the rented computers, it might not be your problem, you rent another batch and keep on working.