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Old 01-27-2005, 08:40 PM   #10
dtebbe dtebbe is offline
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Join Date: Jul 2001
Location: SoFlo
Casino cash: $9993039
Something I learned a long time ago is not to let your employees see your toys.... it's hard for me, because my boat, racing karts, and 4 wheelers are all stored at my warehouse. I have a fettish for vehicles and some toys, but I buy everyting used for the most part, and I almost always buy at a price where I can drive something a year or two and get what I paid out of it, or I don't buy it.

I would relax a little on the truck, it was a very good business decision. With the tax loopholes right now that truck was 40% off, and you get to take that the first year. So his $38k truck cost him $22k, and if he didn't do that he would have paid that 40% to the IRS anyway. Now, you give me a choice of paying the IRS $15k and getting nothing, or paying the Ford/Chevy dealer $22k and getting a new truck, I'll take the new truck ANY day.. and I'm sure you would too. So let off on the truck deal, it's a non issue.

The boat is another story, but it's his money.

I 2nd the notion.. if you don't like it take the risk and start your own business.

DT
Posts: 4,305
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