Congratulations to the Dow hitting 40,0000
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2 LLCs Bob and I get what you’re you’re getting at but as you’re fond is pointing out, most people aren’t me
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How much have they gone up for you in two years?
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@sledog The value of my LLCs? Quite a bit.
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I’ve done both. Less potential headaches with the lease. I did use the Sec179 a couple of times on purchases that worked out well, but some of the provisions that made that so attractive have gone away, per my CPA, so for company vehicles, I’ve been leasing the past 2-3 of years. We have a couple of dealerships that we work with, so the DP on a lease is almost nothing, and the monthly’s are lower. Not really all that interested in leftover equity on a Range Rover or Chevy Suburban. If I didn’t have the S-Corp I might be more inclined to purchase, but I see little value in buying new.
You can’t relate so I don’t expect you to understand.
HTH
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I thought we weren't supposed to talk about your personal situations and what the average American was facing. The vast majority of Americans are not business owners so your situation isn't applicable. My advice is what most Americans should be following….as usual.
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DM me if you want help with your taxes.
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