Rick: Maybe rural existence has its advantages; I've never been taxed by the county on anything but towers. And I'm not asking any questions either!
Mike At 09:58 PM 11/9/2009, you wrote: >Also note that many leases pass the property taxes on to leasee, so you may >not escape it that way either. But, that takes me to another question (more >likely for my CPA). Doesnt property taxes only apply to higher dollar items >that are usually on a depreciation scheule? In other words, if you are >expensing CPE straight off the books, then property tax does not apply? >-RickG > >On Mon, Nov 9, 2009 at 4:32 PM, Tom DeReggi <wirelessn...@rapiddsl.net>wrote: > > > It should be noted that if you buy CPE and keep ownership of CPE, you are > > likely open to pay Property Tax on it. In MD that equates to about 3% x 4 > > years. > > As well if you own it, it is not covered by the customer's home owner > > insurance if stolen or damaged by weather or other acts of god. (Not that > > Customers often are willing to claim it.) > > > > Having the customer own it, reduces a WISP's assets. > > > > Some lease types solve that problem, simply turning CPE into an expense. > > After the three years, if you bought it from the Leasor, you could list it > > on your books at depreciated value (near nothing) tax free, and could also > > list it on your balance sheeet, showing the retail value and depreceiated > > value, as an Asset that still has a perceived value, even if depreciated. > > > > Tom DeReggi > > RapidDSL & Wireless, Inc > > IntAirNet- Fixed Wireless Broadband > > > > > > > > > > > -------------------------------------------------------------------------------- > > WISPA Wants You! Join today! > > http://signup.wispa.org/ > > > > > -------------------------------------------------------------------------------- > > > > WISPA Wireless List: wireless@wispa.org > > > > Subscribe/Unsubscribe: > > http://lists.wispa.org/mailman/listinfo/wireless > > > > Archives: http://lists.wispa.org/pipermail/wireless/ > > > > >-------------------------------------------------------------------------------- >WISPA Wants You! Join today! >http://signup.wispa.org/ >-------------------------------------------------------------------------------- > >WISPA Wireless List: wireless@wispa.org > >Subscribe/Unsubscribe: >http://lists.wispa.org/mailman/listinfo/wireless > >Archives: http://lists.wispa.org/pipermail/wireless/ -------------------------------------------------------------------------------- WISPA Wants You! Join today! http://signup.wispa.org/ -------------------------------------------------------------------------------- WISPA Wireless List: wireless@wispa.org Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/
