#leases
Lease accounting under ASC 842 and IFRS 16, including embedded leases, right-of-use assets, and lease liability measurement
Prorated rent is daily rate × days occupied — but the divisor changes the bill. Compare actual days vs. banker's month, plus the lease clause.
Own equipment you will keep past five years and write it off with Section 179; lease fast-aging gear at fair market value and deduct each payment instead.
A $38 NNN quote can cost more than a $45 gross one once taxes, insurance, and CAM land on you — compare total occupancy cost, not headline rent.
Your head-lease liability stays while the sublease adds a second set of books — classify by the underlying asset, present gross, test for impairment.
GAAP allows LIFO and expenses R&D; IFRS bans LIFO and capitalizes development — four framework gaps that change reported profit, and records that survive both.
Leasing vs. buying comes down to after-tax present value — Section 179 favors buying, obsolescence risk favors leasing. Run the NAL to decide.
An EFA is an installment sale — you own the equipment from day one, repay fixed payments with no stated interest rate, and deduct it under IRS Section 179.
Rentable square feet add a 10–25% common-area load to your usable space — reduce every quote to rent per usable foot before comparing.
Pre-service debts of active-duty servicemembers cap at 6 percent interest — forgiven, not deferred — and leases end early with no penalty.
Your CAM bill is your pro rata share of common-area costs — check the GLA denominator, enforce exclusions and caps, and object before the deadline.
A fair rent starts from soil yield and county rates, not elevator talk — six rate methods, cash vs. share vs. flex risk splits, and IRS reporting per lease.
A triple-net lease adds property taxes, insurance, and CAM charges to base rent. Learn how pro rata shares, caps, and the annual true-up work before you sign.
