Posted by jimg.allentown on June 13, 2016 at 10:14:26 from (108.2.196.109):
In Reply to: Re: Motorhomes... posted by massey333 on June 13, 2016 at 05:58:24:
I'll take exception on that statement that it costs nothing in the end.
Tax wise, perhaps. BUT, the money comes from somewhere. You can't just pull $100,000 or more out of thin air, make payments for X number of years, and then try to tell me it cost NOTHING.
Write-offs are for tax purposes for money already spent. The operative word here is ALREADY SPENT. And, a write-off is a business tool that simply amounts to taking money out of one pocket and putting it into another. The money is still spent, and it had to come from somewhere. Write-offs are not even a good business tool. They amount to throwing away money for tax savings. Money is thrown away by overpaying for goods or services and then declared as a business expense to lower tax liability.
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