Products

• A Quest for Clarity: 2004 Industry Future Council Report

  Spring 2004 issue
  
  The 23rd annual Industry Future Council report evidences signs of encouragement and enthusiasm, at least in the small- and medium-ticket segments. Lessors continue to closely monitor proposed legal and regulatory changes.

  Free ($10.00 )

• An Introduction to Tax-Exempt Equipment Leasing

  By Bob Downey
  Fall 2004 issue
  
  The State and local government tax-exempt leasing market is substantial. Demand should continue to grow as beduget shortfalls force many government entities to consider alternatives to paying cash for equipment. Here is some direction for interested lessors, in a question-and-answer format.

  Free ($10.00 )

• Clarifying the Ambiguities in Bonus Depreciation Rules

  By Arnold E. Grant
  Spring 2004 issue
  
  Treasury regulations issued last September clarify the application of bonus depreciation to sale-leaseback transactions, syndication transactions, and rebuilt and self-constructed property. This article shows the benefits of bonus depreciation for true lease transactions, as an increased percentage of depreciation deductions shift to the start of the lease.

  Free ($10.00 )

• Like-Kind Exchanges: Enhanced Leasing Profits with New IRS Guidance

  By David Fowler, Anne Andrews and Joe Fischinger
  Fall 2004 issue
  
  Issued last year, IRS Revenue Procedure 2003-39 gives guidance on like-kind exchanges. Lessors can benefit, as this article shows, from three new safe harbors that simplify or greatly reduce the administrative and operational challenges that previously characterized like-kind exchange programs.

  Free ($10.00 )

• New from the Foundation

  Fall 2004 issue
  
  The Equipment Leasing and Finance Foundation is your eye on the future. Take a look at some of the new Foundation products to help your management and planning. Note that donors to the Foundation automatically receive all studies free of charge.

  Free ($10.00 )

• Selling Lease Receivables in a Post-Enron World: True-sale Opinions and Revenue Recognition

  By William S. Veatch
  Spring 2004 issue
  
  Auditors are increasingly interested in lessors' agreements for the sale of lease receivables. Some lessors' practices may be inconsistent with the notion of a nonrecourse, off-balance sheet, true sale of receivables. Here are some practical approaches to drafting agreements, taking into consideration FAS 140 and UCC Article 9.

  Free ($10.00 )

• Synthetic Leases: Changed but Still Viable

  By Mindy Berman
  Fall 2004 issue
  
  Off-balance sheet financial products are back. One of them, the synthetic lease, is off-balance sheet for financial reporting purposes but a secured loan for tax, economic, and legal purposes. Contrary to popular belief, synthetic leases survived the Financial Accounting Standards Board's FIN 46, albeit in a modified form. This article demonstrates how.

  Free ($10.00 )

• The Imperfect Fit: Making Form Leases Work for High-tech Equipment

  By Barry S. Marks and James M. Johnson, PhD
  Spring 2004 issue
  
  Forms drive equipment leasing. However, the standard lease form typically is ill-suited to the leasing of desktop and notebook computers and other small, often portable technology equipment. In short, one size does not fit all. This article looks at some of the pitfalls of those standard forms, offering sound alternatives to traditional lease language.

  Free ($10.00 )