Re: Motorcar Inspection? Advantages? Really?
Author: BOB2
Date: 05-07-2016 - 10:04

The more I read this thread the more I think that any "advantage" of doing these "inspections" by speeder, as a "business", would be that you could then write off your hobby as a "business" expense on taxes.

I have a friend who acquired quite a nice classic car collection by doing a little of that kind of "creative" accounting, buying them for the "business", "depreciating" them, and then "selling" them, back to himself, at "fully depreciated" "value".

Just make sure you don't ever admit to the auditor that you're doing this, though......



Subject Written By Date/Time (PST)
  Motorcar FRA certification? SpeederMOWer 05-05-2016 - 12:51
  Re: Motorcar FRA certification? RWS 05-05-2016 - 13:52
  Re: Motorcar FRA certification? RWS 05-05-2016 - 13:58
  Re: Motorcar FRA certification? Shortline Sammie 05-05-2016 - 14:35
  Re: Motorcar FRA certification? SpeederMOWer 05-05-2016 - 15:46
  Re: Motorcar FRA certification? An Observer 05-05-2016 - 16:20
  Re: Motorcar FRA certification? OSHA, etc. BOB2 05-05-2016 - 16:39
  Re: Motorcar FRA certification? Why not NARCOA? 05-05-2016 - 16:54
  Re: Motorcar FRA certification? OSHA, etc. SpeederMOWer 05-05-2016 - 17:39
  Re: Motorcar FRA certification? OSHA, etc. Northern Snowman 05-05-2016 - 18:19
  Re: Motorcar FRA certification? OSHA, etc. BOB2 05-05-2016 - 18:22
  STAY AWAY FROM NARCOA JOHN 05-05-2016 - 18:44
  Re: STAY AWAY FROM NARCOA trackwalker 05-05-2016 - 21:04
  Re: STAY AWAY FROM NARCOA John Maxwell 05-05-2016 - 21:40
  Re: STAY AWAY FROM NARCOA trackwalker 05-06-2016 - 07:48
  Re: STAY AWAY FROM NARCOA John 05-06-2016 - 12:33
  Re: STAY AWAY FROM NARCOA That can of worms 05-05-2016 - 23:37
  Re: STAY AWAY FROM NARCOA Not John 05-06-2016 - 08:07
  Re: Drones? Dimwits? BOB2 05-06-2016 - 08:38
  hey BOB2 John 05-06-2016 - 12:26
  Y'know, "John", that's a great question... Mike Swanson 05-07-2016 - 20:29
  Re: STAY AWAY FROM NARCOA sp1269 05-06-2016 - 08:41
  Re: STAY AWAY FROM NARCOA tom 05-06-2016 - 17:04
  Re: STAY AWAY FROM NARCOA sp1269 05-06-2016 - 17:15
  phone autocorrect sp1269 05-06-2016 - 17:16
  Re: STAY AWAY FROM NARCOA John 05-06-2016 - 12:21
  Re: Motorcar FRA certification? ron 05-06-2016 - 09:56
  Re: Motorcar FRA certification? OldPoleBurner 05-06-2016 - 18:07
  Re: Motorcar FRA certification? what ever name i used last 05-06-2016 - 22:14
  Re: Motorcar Inspection? Advantages? Really? BOB2 05-07-2016 - 10:04
  Re: Motorcar Inspection? Advantages? Really? mook 05-07-2016 - 10:22
  Re: Motorcar Inspection? Advantages? Really? ron 05-07-2016 - 10:40
  Re: Motorcar Inspection? Advantages? Really? Not John again 05-07-2016 - 20:49
  Re: Motorcar Inspection? Advantages? Really? SpeederMOWer 05-09-2016 - 11:34
  Re: Motorcar Inspection? Advantages? Really? The good John 05-13-2016 - 00:37


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