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nostradamus
ParticipantI heard on NPR that public transportation services are getting record levels of commuters, so much that they can’t handle the load. They also stated that the highway traffic is drastically reduced because of it. So your #4 is correct, according to them.
nostradamus
ParticipantI heard on NPR that public transportation services are getting record levels of commuters, so much that they can’t handle the load. They also stated that the highway traffic is drastically reduced because of it. So your #4 is correct, according to them.
nostradamus
Participantharrybosch she could also be getting the heavy vehicle tax deduction. IRS section 179, form 2290. It’s a very fat deduction.
Writeoff for Heavy SUVs
Tax law allows you to claim the $25,000 Section 179 writeoff plus the “regular” first-year depreciation writeoff. For example, say you spend $60,000 in 2008 to buy a new Cadillac Escalade that is used 100% in your business. You can generally claim the following first-year deductions on your business’s 2008 federal return: the $25,000 Section 179 writeoff plus $7,000 worth of regular depreciation [20% x ($60,000 – $25,000)]. So your first-year depreciation deductions add up to $32,000, or about 53% of the new Escalade’s cost. This is a far better deal than if you spent the same $60,000 on a new BMW used 100% for business (in that case, your first-year depreciation writeoff would be limited to about $3,000 under the so-called luxury auto depreciation limitations).nostradamus
Participantharrybosch she could also be getting the heavy vehicle tax deduction. IRS section 179, form 2290. It’s a very fat deduction.
Writeoff for Heavy SUVs
Tax law allows you to claim the $25,000 Section 179 writeoff plus the “regular” first-year depreciation writeoff. For example, say you spend $60,000 in 2008 to buy a new Cadillac Escalade that is used 100% in your business. You can generally claim the following first-year deductions on your business’s 2008 federal return: the $25,000 Section 179 writeoff plus $7,000 worth of regular depreciation [20% x ($60,000 – $25,000)]. So your first-year depreciation deductions add up to $32,000, or about 53% of the new Escalade’s cost. This is a far better deal than if you spent the same $60,000 on a new BMW used 100% for business (in that case, your first-year depreciation writeoff would be limited to about $3,000 under the so-called luxury auto depreciation limitations).nostradamus
Participantharrybosch she could also be getting the heavy vehicle tax deduction. IRS section 179, form 2290. It’s a very fat deduction.
Writeoff for Heavy SUVs
Tax law allows you to claim the $25,000 Section 179 writeoff plus the “regular” first-year depreciation writeoff. For example, say you spend $60,000 in 2008 to buy a new Cadillac Escalade that is used 100% in your business. You can generally claim the following first-year deductions on your business’s 2008 federal return: the $25,000 Section 179 writeoff plus $7,000 worth of regular depreciation [20% x ($60,000 – $25,000)]. So your first-year depreciation deductions add up to $32,000, or about 53% of the new Escalade’s cost. This is a far better deal than if you spent the same $60,000 on a new BMW used 100% for business (in that case, your first-year depreciation writeoff would be limited to about $3,000 under the so-called luxury auto depreciation limitations).nostradamus
Participantharrybosch she could also be getting the heavy vehicle tax deduction. IRS section 179, form 2290. It’s a very fat deduction.
Writeoff for Heavy SUVs
Tax law allows you to claim the $25,000 Section 179 writeoff plus the “regular” first-year depreciation writeoff. For example, say you spend $60,000 in 2008 to buy a new Cadillac Escalade that is used 100% in your business. You can generally claim the following first-year deductions on your business’s 2008 federal return: the $25,000 Section 179 writeoff plus $7,000 worth of regular depreciation [20% x ($60,000 – $25,000)]. So your first-year depreciation deductions add up to $32,000, or about 53% of the new Escalade’s cost. This is a far better deal than if you spent the same $60,000 on a new BMW used 100% for business (in that case, your first-year depreciation writeoff would be limited to about $3,000 under the so-called luxury auto depreciation limitations).nostradamus
Participantharrybosch she could also be getting the heavy vehicle tax deduction. IRS section 179, form 2290. It’s a very fat deduction.
Writeoff for Heavy SUVs
Tax law allows you to claim the $25,000 Section 179 writeoff plus the “regular” first-year depreciation writeoff. For example, say you spend $60,000 in 2008 to buy a new Cadillac Escalade that is used 100% in your business. You can generally claim the following first-year deductions on your business’s 2008 federal return: the $25,000 Section 179 writeoff plus $7,000 worth of regular depreciation [20% x ($60,000 – $25,000)]. So your first-year depreciation deductions add up to $32,000, or about 53% of the new Escalade’s cost. This is a far better deal than if you spent the same $60,000 on a new BMW used 100% for business (in that case, your first-year depreciation writeoff would be limited to about $3,000 under the so-called luxury auto depreciation limitations).nostradamus
ParticipantHow is it localities always find ways around prop 13? I think PB is fine just the way it is! Of course, I don’t live there.
nostradamus
ParticipantHow is it localities always find ways around prop 13? I think PB is fine just the way it is! Of course, I don’t live there.
nostradamus
ParticipantHow is it localities always find ways around prop 13? I think PB is fine just the way it is! Of course, I don’t live there.
nostradamus
ParticipantHow is it localities always find ways around prop 13? I think PB is fine just the way it is! Of course, I don’t live there.
nostradamus
ParticipantHow is it localities always find ways around prop 13? I think PB is fine just the way it is! Of course, I don’t live there.
June 4, 2008 at 10:49 PM in reply to: Update: YOY SD RE Inventory continues to go further negative. Down 3.2% #217081nostradamus
ParticipantSDR is right, the information is pertinent when it is presented and discussed soundly but I don’t like it when it is presented in an “if you don’t agree I’m going to call you names and I will not entertain any counterpoints” fashion. That’s when I get irked and start mouthing off.
jpinpb, to answer your question the NOT was ordered to vacate by July. The order came last month. I’m assuming that some 6 to 8 months prior to that is when the FB stopped paying. Single mom in the medical industry, seems nice and is quiet. Drives a gas guzzling SUV, has a young son and a little dog. The NOD has been there for a couple of months, I’m not sure when they stopped paying. A couple of surfer dudes live there.
I strongly suspect that other neighbors are equally F’d. When I go on the tax site I can’t believe the assessed values of their properties, especially when I know what kinds of jobs they have. The guy right next door has a monster truck, plus a very nice Acura, a stay-home wife and a son, a little dog, and he’s a retail clerk/cashier. Maybe they inherited some money but my guess is I’m going to see another NOD there.
June 4, 2008 at 10:49 PM in reply to: Update: YOY SD RE Inventory continues to go further negative. Down 3.2% #217164nostradamus
ParticipantSDR is right, the information is pertinent when it is presented and discussed soundly but I don’t like it when it is presented in an “if you don’t agree I’m going to call you names and I will not entertain any counterpoints” fashion. That’s when I get irked and start mouthing off.
jpinpb, to answer your question the NOT was ordered to vacate by July. The order came last month. I’m assuming that some 6 to 8 months prior to that is when the FB stopped paying. Single mom in the medical industry, seems nice and is quiet. Drives a gas guzzling SUV, has a young son and a little dog. The NOD has been there for a couple of months, I’m not sure when they stopped paying. A couple of surfer dudes live there.
I strongly suspect that other neighbors are equally F’d. When I go on the tax site I can’t believe the assessed values of their properties, especially when I know what kinds of jobs they have. The guy right next door has a monster truck, plus a very nice Acura, a stay-home wife and a son, a little dog, and he’s a retail clerk/cashier. Maybe they inherited some money but my guess is I’m going to see another NOD there.
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