Tax Deduction For Hummer?
 

I just got done watching a program on Discovery Times Channel. The program
gave the insight on the new Nissan Titan, Ford F150, and Hummer H2 and 1.
At the end of the show, the people that were in the Milwaukee, WI. Hummer
Stealership said that one reason they could afford this H2 was because they
could deduct 3/4's of the purchase price off their upcoming taxes. The
elgibilty was because they are a business owner and purchased a "Heavy
Weight" truck. I have never heard of this. Anyone else? I still will
never buy one!.

--
Thanks Always !!!
Paul '75 CJ5 258
Vail, CO.

Re: Tax Deduction For Hummer?
 

Usually businesses lease their vehicles so they may write the total
cost off, without showing an asset.
God Bless America, ßill O|||||||O
mailto:-------------------- http://www.----------.com/

Paul Brogren wrote:
>
> I just got done watching a program on Discovery Times Channel. The program
> gave the insight on the new Nissan Titan, Ford F150, and Hummer H2 and 1.
> At the end of the show, the people that were in the Milwaukee, WI. Hummer
> Stealership said that one reason they could afford this H2 was because they
> could deduct 3/4's of the purchase price off their upcoming taxes. The
> elgibilty was because they are a business owner and purchased a "Heavy
> Weight" truck. I have never heard of this. Anyone else? I still will
> never buy one!.
>
> --
> Thanks Always !!!
> Paul '75 CJ5 258
> Vail, CO.

Re: Tax Deduction For Hummer?
 

Usually businesses lease their vehicles so they may write the total
cost off, without showing an asset.
God Bless America, ßill O|||||||O
mailto:-------------------- http://www.----------.com/

Paul Brogren wrote:
>
> I just got done watching a program on Discovery Times Channel. The program
> gave the insight on the new Nissan Titan, Ford F150, and Hummer H2 and 1.
> At the end of the show, the people that were in the Milwaukee, WI. Hummer
> Stealership said that one reason they could afford this H2 was because they
> could deduct 3/4's of the purchase price off their upcoming taxes. The
> elgibilty was because they are a business owner and purchased a "Heavy
> Weight" truck. I have never heard of this. Anyone else? I still will
> never buy one!.
>
> --
> Thanks Always !!!
> Paul '75 CJ5 258
> Vail, CO.

Re: Tax Deduction For Hummer?
 

>Stealership said that one reason they could afford this H2 was because they
>could deduct 3/4's of the purchase price off their upcoming taxes. The
>elgibilty was because they are a business owner and purchased a "Heavy
>Weight" truck. I have never heard of this. Anyone else?

Its true. If I remember the tax bulletin correctly, the write off is
approximately $32,000, and can be taken either as accelerated or 7-year
depreciation.

Robert Bills
KG6LMV
Orange County CA

http://www.outdoorwire.com/4x4/jeep/...p-l/billsr.htm
http://www.RobertBills.com

Re: Tax Deduction For Hummer?
 

>Stealership said that one reason they could afford this H2 was because they
>could deduct 3/4's of the purchase price off their upcoming taxes. The
>elgibilty was because they are a business owner and purchased a "Heavy
>Weight" truck. I have never heard of this. Anyone else?

Its true. If I remember the tax bulletin correctly, the write off is
approximately $32,000, and can be taken either as accelerated or 7-year
depreciation.

Robert Bills
KG6LMV
Orange County CA

http://www.outdoorwire.com/4x4/jeep/...p-l/billsr.htm
http://www.RobertBills.com

Re: Tax Deduction For Hummer?
 

You wouldn't happen to know where to find a list of vehicles this applies
to?

--
Thanks Always !!!
Paul '75 CJ5 258
Vail, CO.
"Robert Bills" <rdbillsjr@aol.comxxxxxxxx> wrote in message
news:20030930012915.07997.00000050@mb-m11.aol.com...
> >Stealership said that one reason they could afford this H2 was because
they
> >could deduct 3/4's of the purchase price off their upcoming taxes. The
> >elgibilty was because they are a business owner and purchased a "Heavy
> >Weight" truck. I have never heard of this. Anyone else?
>
> Its true. If I remember the tax bulletin correctly, the write off is
> approximately $32,000, and can be taken either as accelerated or 7-year
> depreciation.
>
> Robert Bills
> KG6LMV
> Orange County CA
>
> http://www.outdoorwire.com/4x4/jeep/...p-l/billsr.htm
> http://www.RobertBills.com

Re: Tax Deduction For Hummer?
 

You wouldn't happen to know where to find a list of vehicles this applies
to?

--
Thanks Always !!!
Paul '75 CJ5 258
Vail, CO.
"Robert Bills" <rdbillsjr@aol.comxxxxxxxx> wrote in message
news:20030930012915.07997.00000050@mb-m11.aol.com...
> >Stealership said that one reason they could afford this H2 was because
they
> >could deduct 3/4's of the purchase price off their upcoming taxes. The
> >elgibilty was because they are a business owner and purchased a "Heavy
> >Weight" truck. I have never heard of this. Anyone else?
>
> Its true. If I remember the tax bulletin correctly, the write off is
> approximately $32,000, and can be taken either as accelerated or 7-year
> depreciation.
>
> Robert Bills
> KG6LMV
> Orange County CA
>
> http://www.outdoorwire.com/4x4/jeep/...p-l/billsr.htm
> http://www.RobertBills.com

Re: Tax Deduction For Hummer?
 

There is a clown up here, "Hummer Bail Bonds" with a first series civillian
HMMV. I've never seen his rig dirty, but I'll bet his soul is.

--
Paul Calman, Hathaway Pines, California

Re: Tax Deduction For Hummer?
 

There is a clown up here, "Hummer Bail Bonds" with a first series civillian
HMMV. I've never seen his rig dirty, but I'll bet his soul is.

--
Paul Calman, Hathaway Pines, California

Re: Tax Deduction For Hummer?
 

How dark!

Paul Calman wrote:

> There is a clown up here, "Hummer Bail Bonds" with a first series civillian
> HMMV. I've never seen his rig dirty, but I'll bet his soul is.
>

--
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01 XJ Sport

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