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Thanks for sharing this valuable information.
You’re welcome!
Why are you not netting the cash inflow of selling the vehicle in year 3 to the purchase scenario?
Amazing.
Nice video
Thanks!
Why isn’t bonus depreciation the first thing you’d use here
Do you offer the spreadsheet so I can calculate with my lease terms and mileage drive and tax bracket what would be best for me?
Can you do as Uber which Uber drivers usually drive around 300 miles a day. And I believe many car dealers have a limit mileage driving.
Thanks for the video! In the purchase scenario, if you do NOT sell the vehicle after 3 years (say you keep it for another 2 years for personal use only and then sell it in year 5), will there be "depreciation recapture" on year 5?
💰 Ready to save THOUSANDS in taxes? Enroll in my course here 👉
navimarajcpa.teachable.com/p/smallbusinesstaxessale
Thanks for sharing this valuable information.
You’re welcome!
Why are you not netting the cash inflow of selling the vehicle in year 3 to the purchase scenario?
Amazing.
Nice video
Thanks!
Why isn’t bonus depreciation the first thing you’d use here
Do you offer the spreadsheet so I can calculate with my lease terms and mileage drive and tax bracket what would be best for me?
Can you do as Uber which Uber drivers usually drive around 300 miles a day. And I believe many car dealers have a limit mileage driving.
Thanks for the video! In the purchase scenario, if you do NOT sell the vehicle after 3 years (say you keep it for another 2 years for personal use only and then sell it in year 5), will there be "depreciation recapture" on year 5?