being in a rental agreement with esp its my understanding that they “OWN” the machine, they are even listed in my insurance as the owners and if something happens my insurance will pay them the cost of the machine adding that machine as a liability cost me extra $$ for my over all insurance. Everything say its their machine until it comes to pay those taxes then they say I use it and I’m in possession so its my responsibility to pay the taxes for their property/assets.
I just think its unfair, Im not an expert on tax issues so maybe Im just wrong.
how do other shop owners feel about this?