Rich Somers
Region: US
Monday 20 October 2025 19:07:24 GMT
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gmike.1 :
spending 100k to save 37k still lose 63k, bad idea
2025-10-21 20:51:24
24
BuiltNotBought :
What if you trade it in every 2 years for another GWagon?
2025-10-20 23:49:59
0
Jcat :
But, you still paying 150k on the G wagon and will basically lose the 32k in tax savings as the car will lose value when you drive it off the lot
2025-10-21 05:42:58
2
ThatMoGuy :
I'd rather top off my SEP for 32k and get the 32k deduction with no car debt
2025-10-24 21:50:48
2
tqpolo :
How about don’t buy a $200k vehicle you don’t need to save $32k
2025-10-21 03:22:43
3
Anthony47 :
You might want to clarify the depreciation recapture. If you have a gain on sale even twenty years after you bought it you still have recapture….
2025-10-21 00:56:24
13
ChpThril :
CPA’s correct me if I’m wrong…. But You have to have a gain. Obviously after the adjusted amount.
2025-10-21 03:10:22
1
Strategic Wealth :
A couple points to clarify
2025-10-24 18:03:37
0
Dylan :
Spend a dollar to save a penny….
2025-10-21 14:22:36
12
Wet Ass Turkey :
5 years is when the business use recapture period ends. You have to pay on the sale of the vehicle whenever you sell it.
2025-11-04 20:12:04
1
letus_bemen :
I used to think this way. Got 170k BMW for the write off. Then sold it and got hit big time. It was not worth it.
2025-11-25 03:01:45
1
zachturner123 :
and you lost 100k in 5 years💪
2025-11-24 18:40:38
0
allthingshomewy :
Good info
2025-10-21 20:59:56
0
Spoon Vash :
Yes, but don’t put anything down. That’s a waste of money.
2025-12-09 02:43:38
0
Ricco Velgato™️ :
Bro just get adverts billboards and write it off
2025-10-23 03:29:06
1
Jonathan Edmonds :
why not just write off miles? its .70 a mile for 2025
2025-10-22 00:46:43
1
PixieDust🔐 :
W2 employees this doesn’t apply to you, only S-Corp or LLC business owners
2025-11-24 02:22:14
1
AZDESERTREALTYGROUP LLC :
🤔 what is the trust for then?
2025-11-24 05:36:06
0
keelanw :
What about the interest
2025-10-22 07:17:08
0
Coaching_Chilean :
No. It’s not
2025-11-07 04:17:19
0
user916092112325 :
There no such thing as no depreciation recapture
2025-11-27 22:10:33
0
Willposey821 :
Does this not fall under the - The 100% Bonus Depreciation deduction for business vehicles has been restored allowing business to deduct the full cost of qualifying vehicles
2025-10-23 20:35:34
0
Shaun :
😂😅😂😂custom hat, how much
2025-10-21 14:17:14
0
onlyfax :
only if you make enough to be paying 37k in taxes
2025-10-21 14:44:57
1
samq :
Tiktok has some bad advice on here and this is one of the dumbest
2025-10-24 09:36:50
0
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