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GreenvilleVT
Joined: 08/31/2007
Posts: 18,693
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No.

Posted: 06/21/2024 at 04:55 PM ET
(In response to this post by MrBayAreaHokie)

Thread Replies (29)

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tax question for the tax experts
MrBayAreaHokie 06/21/24 11:13 AM ET
Write it off. They all do. -Kramer.**
MikeVT85 06/22/24 12:08 AM ET
No. **
GreenvilleVT 06/21/24 04:55 PM ET
actually you can
MrBayAreaHokie 06/21/24 06:19 PM ET
Better Call Saul**
section11hokie 06/21/24 03:19 PM ET
start a strip club- you will get even richer**
bigbadbird 06/21/24 02:15 PM ET
we don't have any of those here in the east bay
MrBayAreaHokie 06/21/24 06:21 PM ET
well - you have income on the sale- but a schedule C for car wash?
bigbadbird 06/21/24 02:15 PM ET
wanting more the depreciation to wipe out the gain from the stock sale**
MrBayAreaHokie 06/21/24 02:57 PM ET
A better question is
turkeywinghokie 06/21/24 01:47 PM ET
You could have several options 168 (K) bonus depreciaton and Section 179
Hokebury 06/21/24 01:25 PM ET
based on searching, it looks like year 1 depreciation % is dropping
HokieAl 06/21/24 01:09 PM ET
thanks chief**
MrBayAreaHokie 06/21/24 01:15 PM ET
You can make big $$$ using the carwash to launder blue crystal $$$**
Happy Dog 06/21/24 12:54 PM ET
Sounds like an excellent investment and appreciate all you want!
DonHo-kieHi 06/21/24 12:51 PM ET
butter face**
MrBayAreaHokie 06/21/24 12:52 PM ET
Cashless option to this point but you're receiving cash by selling, correct
BG Hokie 06/21/24 12:02 PM ET
i am getting money
MrBayAreaHokie 06/21/24 12:50 PM ET
Since it's ordinary income, shouldn't you think about moving to NV, FL, TX?**
EDGEMAN 06/21/24 11:53 AM ET
nah
MrBayAreaHokie 06/21/24 12:51 PM ET
plus they would come after me
MrBayAreaHokie 06/21/24 12:52 PM ET
A bud spent some time in California when he was in the Marines, and...
EDGEMAN 06/21/24 01:50 PM ET
I guess he screwed up by getting a CA driver's license
EDGEMAN 06/21/24 01:52 PM ET
Might be a legal question, call Saul Goodman.**
vthhhi 06/21/24 11:19 AM ET
I love a good car wash. **
Stork 06/21/24 11:15 AM ET
...and the boss don't mind sometimes if you act the fool**
Tuckahokie 06/21/24 11:35 AM ET
…better than diggin a ditch**
chumley 06/21/24 12:00 PM ET
who remembers George Carlin and Richard Pryor, in the same movie?
MrBayAreaHokie 06/21/24 12:57 PM ET
i do too**
MrBayAreaHokie 06/21/24 11:20 AM ET
It is taxing to wash the car by hand.**
Guy LeDouche 06/21/24 11:17 AM ET