Quote:
Originally Posted by Harmon
It's a tax write off.
200 grand? That's a rip off or a really smart way of not giving the government money. I'm trying to figure out if you are really stupid or really smart.  |
If I had known there were qualified builders here on GFY I would've added you to the quote list. We only went to Milwaukee, Minneapolis and here in Madison for bids. We didn't end up going with the highest bidder.
It's not a tax write off, it's an expense. If anything, when we get assessed next year for property taxes it will increase the value of the property. We purchase machinery, that we can depreciate over 10 years for tax write offs. Keep in mind, these things still need to be paid for.