Assets leased as part of lease transactions typically include real estate, aircraft, and long-life equipment, for example.B vehicles, office equipment, and industry machinery. If none of these conditions are met, the lease should be considered an operating lease. The Internal Revenue Service (IRS) can reclassify an operational lease as a capital lease in order to reject lease payments as a deduction, thereby increasing the company`s taxable income and tax debt. There are two main parties in a leasing contract, and eachFP &A Analyst finance professional in order to become an FP&A analyst with a company. We describe the salary, skills, personality and training you need for FP&A-Jobs and a successful financial career. FP&A analysts, managers and administrators are responsible for providing executives with the analysis and information necessary to distinguish between lessor and lessee. . . .