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I believe that translates "I bought it on the company books as a "developmental car", carried on the business books, and then when sold the loss gets to be deducted"
I believe that translates "I bought it on the company books as a "developmental car", carried on the business books, and then when sold the loss gets to be deducted"
It'll likely translate to us actually using it for 5 years as a development vehicle, and then selling it to me for $1.
He's very thorough and detail oriented, the most of which I follow is I have one bucket for wheels and the other for paint. Mine's a driver not a show car, but she's still a looker even when she's filthy! Yours will be also.
Congrats and welcome. I'm beginning to think it's time I picked up a 'development vehicle!'
__________________ Stuart Dickinson Managing Director Velocity Automotive Performance Limited 206 Maple Avenue Oliver, BC Canada V2A 4W6 Office: (1)250-485-5126 www.velocityap.com
Congrats and welcome. I'm beginning to think it's time I picked up a 'development vehicle!'
I am surprise that you don't already with all the nice parts you produce... I am loving those 200cells and tune, it really change the car, thanks for that
Returned a long email, Thanks for the praise @Habitualoffender
Thanks Andrew, very appreciated- I'll make sure to read up on it all when I'm back after this weekend.
Originally Posted by Stuart@VelocityAP
Congrats and welcome. I'm beginning to think it's time I picked up a 'development vehicle!'
Sure is! The beauty of being self employed and working on things car related- deductions! Side question- am I crazy or did you guys used to make a GT4-esque muffler delete for the Vantage series? I can't seem to find it anywhere and don't want to go down the route of the $15k titanium setup from AM.
Originally Posted by sonies
yeah be sure to put it in a Montana LLC too
You guys keep laughing but Tantum is out there actually doing work right now for us, testing Bmmpr and making sure things run without issue. Current general location reported back 38 min ago is 29.47553686111 N. -98.40344747222 W.