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re: Dave Ramsey Facebook Tip Of the Day
Posted on 10/21/22 at 7:44 am to pioneerbasketball
Posted on 10/21/22 at 7:44 am to pioneerbasketball
Buying a new vehicle only makes sense if you are using for a business and have a good accountant, to depreciate the purchase.
Personal cars are a dead asset, since they do not throw off earnings.
Personal cars are a dead asset, since they do not throw off earnings.
This post was edited on 10/21/22 at 7:45 am
1
Posted on 10/21/22 at 11:03 am to leeman101
quote:
Buying a new vehicle only makes sense if you are using for a business and have a good accountant, to depreciate the purchase.
You can depreciate used cars as well. Even bonus depreciation.
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