ArtLease

A low cost and tax deductible lease that enables clients to display museum quality fine art for a fraction of the purchase price.  A purchase option of art works may be available.  The price is set at the inception of the ArtLease term.  ArtLease enables you to display up to four times the value that you would pay to purchase the work. Artists receive a royalty during the term of the ArtLease.

ADVANTAGES OF ARTLEASE

Tax Deductible
ArtLease payments can be deducted as ordinary and necessary business expenses under Section 162 of the Internal Revenue Code since the lease is a true lease and not a conditional sales agreement. See Revenue Ruling 55-540. Check with your tax advisor.

Turnkey Services
Art Assets offers a selection of work, Curatorial assistance, framing, transportation, preparation, installation and insurance.

Purchase Options
May be available. The price is set at the inception of the ArtLease term.

Value
Leasing enables you to display up to four times the value that you would otherwise pay to purchase the work of art.