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

Posted on 4/14/19 at 9:10 am to
Posted by Butchr
Baton Rouge
Member since Aug 2011
63 posts
Posted on 4/14/19 at 9:10 am to
Sooo...by that logic, i should hold on to a vehicle with over 200k miles indefinitely (albeit it is running great), and not take advantage of a profitable year while i have cash on hand to upgrade to a new vehicle (and get tax benefits for my business)..and GIVE AWAY several thousand dollars to the IRS that i will never see or be able to use again..
Or keep it for another year, put another 25k miles on it, get less money for it when i sell it, and risk not having as good of a year work wise/profitability (therefore not having the cash on hand for substantial down payment on a new one when i am more likely going to need it most).
This post was edited on 4/14/19 at 9:35 am
Posted by highcotton2
Alabama
Member since Feb 2010
9497 posts
Posted on 4/14/19 at 9:23 am to
You can do what you want I was just pointing out you said you bought a truck just for the the tax benefits. You either need a piece of equipment or you don’t . You never buy something just for the tax benefit.

If you are buying just for the tax benefit you should have bought two of them.


quote:

bought a 2019) for no other reason other than needing to spend some money before the end of 2018 for business/ tax reasons
This post was edited on 4/14/19 at 9:29 am
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