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re: The Tundra is the best full sized truck on the market. (Change my mind)

Posted on 4/13/19 at 10:22 pm to
Posted by highcotton2
Alabama
Member since Feb 2010
9661 posts
Posted on 4/13/19 at 10:22 pm to
quote:

I sold it with 214k miles (and bought a 2019) for no other reason other than needing to spend some money before the end of 2018 for business/ tax reasons.


Could you expand on this a little not sure I understand this reasoning.
Posted by Butchr
Baton Rouge
Member since Aug 2011
64 posts
Posted on 4/14/19 at 12:38 am to
When you own a small business and have a successful/profitable year, it makes sense to make it look "less profitable" by spending money on a legit business expense like a new work truck. Especially with the new tax law that allows you to fully depreciate over the 1st year vs. spreading it out over 5 (or so) years. Helps lessen the tax burden for that year.
This post was edited on 4/14/19 at 7:30 am
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