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[quote]QUOTE: Originally posted by tormadel On another note LC. Would you argue for leasing or purchasing you're locomotives? As I understand it there are tax and accounting reasons that make leasing desireable. Or does it depend alot on the terms of the lease? [/quote] This needs to be part of your overall business plan and will depend upon many factors including your opportunity, need for power based upon customers, rail line, and traffic levels and what structure best suits you and your investors. The tax aspect is really quite minimal as most leases must be capitalized these days rather than expensed so it really doesn't matter nearly as much. LC
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