@goodallslawncare: It’s just logical to me... #entrepreneur #advice #business #taxes #deductions #facts #tutorial

Goodalls Lawn Care
Goodalls Lawn Care
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Region: US
Wednesday 14 October 2020 21:33:04 GMT
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ryanpassarelli
Ryan Passarelli :
No no no mower for 13k sell the old one for 8k cash save 3on taxes put 8 in your pocket I do it every other year
2020-10-15 03:20:01
6
lukenate
Luke Natemeier :
My dad and I buy our stuff for next year when tax breaks r u. Works for us no hate tho
2020-10-14 22:10:41
3
smriley919
smriley919 :
THATS MY EXACT POINT
2020-10-14 23:22:24
2
treyminor36
Trey Minor :
Clearly you don’t make enough to pay in
2020-10-14 22:13:28
2
estatelandscaper
Curtis :
Your thinking the wrong way. Most people buy it for a tax break because it puts them in a different tax bracket. Buy a $80,000 truck and save $80,000
2020-10-14 23:31:30
2
thinkisgood
Philosophical moron :
this is all about needa
2020-10-14 22:31:57
2
dannynordman
DannyNordman :
This will get lots of hate, but it’s still spot on@
2020-10-15 02:39:54
1
tuckychris
tuckychris :
Generally at the end of the year, you trade in an old piece of equipment and buy the new, you get depreciation from the old as well as cost of the new
2020-10-14 23:21:25
1
ajsyed15
AJ :
Works both ways, but sometimes those year end deals are just too good
2020-10-14 22:19:09
1
smriley919
smriley919 :
Makes no sense spending 20k to save 5k
2020-10-14 23:23:25
1
taxpreparer2024
Bill :
I agree with you. 22% tax rate plus state tax rate 4.25% plus self employment tax 15.3%. You could save a lot. There are generalized numbers
2020-10-14 22:31:41
1
markohaaj
markohaaj :
i agree, i get mind boggled when ppl buy a new car just to save on taxes,
2020-10-14 23:39:00
1
joefedor1991
Joe :
All cash business 0 tax😂
2020-10-15 01:56:38
1
mikesurgent
mikesurgent :
Numbers a little of but you got the spirit. See this a lot. Cash on Hand is always great to have too
2020-10-15 02:22:38
1
ge1991
ge1991 :
It’s different if it puts you into a lower tax bracket and you break even or save
2020-10-14 23:09:41
1
stevecurran5
Steve Curran :
You can deduct the whole thing using section 179 accelerated depreciation
2020-10-15 03:17:20
1
goodallslawncare
Goodalls Lawn Care :
Yeah. My point is what if you buy it then have a bad year and it’s sitting there not being used? That was my point. Buying stuff when you don’t needit
2020-10-14 22:35:00
0
apett7
Austin P :
don’t think it’s necessarily to save on taxes it’s either pay money to Uncle Sam and not see it again... or buy a piece of equipment and write it off
2020-10-14 22:09:04
0
user969041104149085
user9690411041490 :
That’s why you spend money on full deductible equipment
2020-10-15 14:42:47
0
fhkdmenxisnmsnekdn
Jon kramer :
And your mower warranty isn’t wasted!!!!!
2020-10-19 17:35:19
0
patrick___69
Patrick :
I buy used machines and fix them from lawnmowers snowblower chainsaws trimmers generators ... etc etc save so much money and learning is free
2020-10-22 02:42:08
0
osc710
Oscar Morales :
You Can buy equipment, real estate property or invest in stocks. Either way better then paying uncle same
2020-10-28 03:16:51
0
graffamwillard
user6357708585646 :
Ah.... you should talk to an accountant. 
2020-10-29 10:03:39
0
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