| Author | Message | ||
| Martin (Miami348ts)
|
...now you got the idea :-)) | ||
| Nunja Bitness (Jaxfl)
|
That's what I was going to do with my first Ferrari is slap some graphics on it and write it off as an ad expense. Plus I bet some events would give my business free booth space just so they'd have the Ferrari as an extra attraction to the event. | ||
| Martin (Miami348ts)
|
Put lots of stickers on it and depending on your business use it as an advertising tool. Thats what I do. The stickers come off BTW, magnetics.  | ||
| TomD (Tifosi)
|
I think there are limits on depreciation deductions for cars over 40k? | ||
| Bo Knez (Bo328)
|
How many of you guys have F-cars that are owned by your company? What is the best way to do this? How do you get the best depreciation? A friend purchased a 94 Porsche Turbo for 74k. He then leased it to his company thru a leasing company out of Texas. He plans to buy it back from the leasing company at the end of the lease. Any other clever ideas? |