Leased equipment is reported on a 103-N (not owned) or 103-O (owned) along with your 103 and/or 104 forms. As much information as possible should be provided to identify the asset(s), i.e. serial and/or model numbers, lease dates, cost, lessee and/or lessor contact information, etc. Failure to properly disclose lease information may result in a double assessment. (IC 6-1.1-2-4(a))