BradShaw

With the money I made when you bought teen-mail off me a few years ago................... and after some wise investing in overseas copper....... I was finally able to swing a 30 year note on my new Ferrari.









I owe it all to you!

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KC

You only own 1 Ferrari???

nice ride

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SweetT

Actually, KC, I think he gave the old one to his housekeeper...this is just his new one.


--T

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BradShaw

KC, maybe after I sell a few of my spare cars (Porsche, expedition, and hummer) I will be able to upgrade to a spyder;-)

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Simon-interaid

Not bad , it looks almost as good as my car

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Pipecrew

i am sure the owner of that house doesnt like you taking pictures infront of it

KC

The guy that owns the house probably doesn't want Brad taking pictures of his car either ;) lol

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KC

I stayed in the "Maid Quarters" once.. Does that qualify me for a Ferrari too??

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BradShaw

Guy who owns the house lets me rent it out hourly, just so I can impress strippers!

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Dirty F

Thats the ugliest car ive seen in ages...seriously.

BradShaw

You do not think it is a step up from:

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Diamond Jim

I thought you sold that piece of shit Hummer, but it looks like it's still in the driveway...

SweetT

Hell, if he would let me sleep in the TV room I would not need the ferrari (would never leave the house).

--T

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J.R.

Nice ride Brad.

I am still stuck with my 03' Jaguar and 98 Vette...

haha

Pipecrew

I dont like siccash either, but that car is GORGEOUS!

Gman.357

Brad,

Everyone knows you're not a TRUE player until you have a Bentley in your garage.

BradShaw

Hummer never sold, but I am always accepting offers on it! If we go to war, I will be ready.

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J.R.

Hummer's are nice.. thats why I have the New Denali XL..
thats a bad ass ride as well.

Nice Bose system..

Diamond Jim

I have a Cordoba with fine Corinthian leather...

KC

Actually, I've slept in the TV room too.. Those chairs are comfy

I've slept on the bus, yours and his!!! haha

I can fall asleep pretty much anywhere.

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I'm Slim

Ive always liked the older Ferraris but its still a kick ass car!

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Ian

Merry Christmas Brad.

Jakke PNG

I refuse to die before I own a Ferrari (new).
I currently have 1989 ford escort, that's almost the same.. right?

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fantasyman

You said it, I didn't!!

That's the funniest thing I ever saw. If I take pictures of my cars it would be in front of my own house, what a wanabe.

Brad funny thing you posted a picture of this, I toasted a car just like this today in my SL55 but it was a convertible. It wasn't even close. I'm not lying... hahahahahaha!!!

Jack from CyberAge bought a Ferrari too, sexy car, but to resell it is a joke and he realized how slow Ferrari's are, how lousy they handle on turns, and how bad the resale value is on them, only after he bought it.

How's it feel to drive an expensive car that any Mustang or Corvette can destroy and that you can't give away?

Currently I have the Black '03 SL55, '02 BMW 750IL, '02 Yukon with everything but the kitchen sink including direct TV, 13.5 " TV monitors, DVD, VCR, PS2, Xbox and it's SuperCharged and then there's always my race car http://4viper.com - that one came in 7th overall at the 24 hours of Daytone 2000.

But the difference is that my cars are all paid for and you took a 30 year note on that piece of shit and you're stuck with it? roflma hahahahahahhaa

But then again, anyone who would buy a 'practical' Hummer shows how much taste they have in cars to begin with. How's that Hummer in parking lots?

pr0

wow someone has a 3 inch cock....but hey nice car

BradShaw

Ron, that is my house. Someone even posted my address recently.

And you really think I took a 30 year note on a car? Are we gulable today?

BTW, the Ferrari drives great once I got used to the f1 shifters.

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KC

I think he was kidding about the 30 year note ;)

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Pipecrew

haha Fantasyman tore you a new ass, I didnt realize there was bad blood, now I do

Diamond Jim

That's Brad's house, but the way he drives I could dust him in my Cordoba....

fantasyman

Brad, I'm so proud of you, a nice house, a nice car, two nice monthly payments.

Kool, If your Ferrari is so fast I'll race you for pink slip in Las Vegas, at the Las Vegas Speedway. 1/4 mile - winner take all. Wadaya say??

hahmike

do ya feel lucky, punk?


well, do ya?










byeeee!

pr0

I've heard so many people tell me that guys with 200k+ cars have small cocks...is that true?

Seriously brad why would you want to show people your wreckless spending of cash, i mean...having a car like that & driving around town is just setting yourself up for getting robbed by some ghetto kids who got nothing.

You could have bought & dedicated an entire wing of a hospital for children with that $

JFK

I have a Pinto with genuine Nauga Hide !

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Pipecrew

Can i come? and have the car when you win? I'd love to see the look on his face

fantasyman

You hit it on the head, a car like that brings a big red bullseye right on your back, especially where Lobster Boy lives.

Hey Brad, I'm going to kill something tonite, real soon, the water's boiling......

http://www.cecash.com/agent69/

greentea

Like Whoa!

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blunts

hahmike

true.

Kimmykim

That would be an interesting race. A couple years ago my son and I were at the drag strip here during the pre-season testing, with a friend of ours who races funny cars.

The starter let me stand up on the line with him, the only thing I ever regretted was not having enough balls to push the button and send Kenny Bernstein off the line, since even in practice that's alot of money to blow with a bad start...

greentea

Brad you really do set yourself up with these threads..

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blunts

<IMX>

I have a couple of pair of really nice Rockport shoes as transportation.

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BJ

doubt he cares

fantasyman

KimmyKim - believe me, it wouldn't be close.

Interesting about you being at the drags and up on the line. Bob Brandt and Pat from Herbalo are old crew chief's for Don 'the snake' Prudohme and Shirley 'chacha' Muldowney and we go to a lot of events with them. We were in Vegas when Shirley retired Kenny Bernstein. These guys know so many people from NHRA that we can go down to the starting line any time - it's totally awesome - two cars, 12,000 Horsepower, the ground shakes, everything vibrates (girls in the stands love it) and it sounds like an explosion!!

Socks

Sets himself up for what? A bunch of ferrariless whiners? ;)

Kimmykim

Dean Skuza and the Mopar team, great bunch of guys, I've even been in the car, unfortunately not when it was running...
Bob Weickganent (I can't spell it to save my life) was teamed up with him then, another really great guy who's had a hard time finding a ride.

My son loves it, we've been to the track near Ontario for the races as well as here in Phoenix.

justsexxx

Do you guys get a hard one exposing your goodies?

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Jakke PNG

I wish I had something to show.

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FlyingIguana

that the big bad automatic?

UncleJimmy

HAHA HELL YEH

I love it, that would be stylish all restored & pimped out though...

I'm downsizing into a Vesper scooter....

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FlyingIguana

my 98 gixer would beat it in that case. i can smoke a viper, well it would be close unless i put a yoshi system on it

i like f550's better myself

Serge_Oprano

I have something to show:
from
http://www.irs.gov/formspubs/page/0,,id%3D11514,00.html

Leasing a Car
If you lease a car that you use in your business, you can use the standard mileage rate or actual expenses to figure your deductible car expense. This section explains how to figure actual expenses for a leased car.

Deductible payments. You can deduct the part of each lease payment that is for the use of the car in your business. You cannot deduct any part of a lease payment that is for personal use of the car, such as commuting.

You must spread any advance payments over the entire lease period. You cannot deduct any payments you make to buy a car, even if the payments are called lease payments.

If you lease a car for 30 days or more, you may have to reduce your lease payment deduction by an "inclusion amount."

Inclusion Amounts
If you lease a car that you use in your business for a lease term of 30 days or more, you may have to include an inclusion amount in your income for each tax year you lease the car. To do this, you do not add an amount to income. Instead, you reduce your deduction for your lease payment. (This reduction has an effect similar to the limit on the depreciation deduction you would have on the car if you owned it.)

The inclusion amount is a percentage of part of the fair market value of the leased car multiplied by the percentage of business and investment use of the car for the tax year. It is prorated for the number of days of the lease term in the tax year.

The inclusion amount applies to each tax year that you lease the car if the fair market value (defined next) of the car when the lease began was more than the amounts shown in the following table. Year Lease Began Fair Market Value*
1999-2001 $ 15,500
1997-1998 15,800
1995-1996 15,500
1994 14,600
1993 14,300
1992 13,700
1991 13,400
1987-1990 12,800
*These amounts are higher for electric cars.


Fair market value. Fair market value is the price at which the property would change hands between a buyer and a seller, neither having to buy or sell, and both having reasonable knowledge of all the necessary facts. Sales of similar property around the same date may be helpful in figuring the fair market value of the property.

Figure the fair market value on the first day of the lease term. If the capitalized cost of a car is specified in the lease agreement, use that amount as the fair market value.

Figuring the inclusion amount. Inclusion amounts are listed in Appendix A and, for electric cars leased after August 5, 1997, in Appendix B. If the fair market value of the car is $100,000 or less, use the appropriate appendix (depending on the year you first placed the car in service) to determine the inclusion amount. If the fair market value is more than $100,000, see the Revenue Procedure(s) identified in the footnote of the appendices for the inclusion amount. Revenue Procedures are available at most IRS offices and many local libraries.

For each tax year during which you lease the car for business, determine your inclusion amount by following these three steps.

Locate the appendix that applies to you. To find the inclusion amount, do the following.
Find the line that includes the fair market value of the car on the first day of the lease term.
Go across the line to the column for the tax year in which the car is used under the lease to find the dollar amount. For the last tax year of the lease, use the dollar amount for the preceding year.
Prorate the dollar amount from (1)(b) for the number of days of the lease term included in the tax year.
Multiply the prorated amount from (2) by the percentage of business and investment use for the tax year. This is your inclusion amount.
Example. On January 17, 2000, you leased a car for 3 years and placed it in service for use in your business. The car had a fair market value of $32,250 on the first day of the lease term. You use the car 75% for business and 25% for personal purposes during each year of the lease. Assuming you continue to use the car 75% for business, you use Appendix A-4 to arrive at the following inclusion amounts for each year of the lease: Tax year Dollar amount Proration Business use Inclusion amount
2000 $144 349/366 75% $103
2001 314 365/365 75% 236
2002 467 365/365 75% 350
2003 558 16/365 75% 18
For each year of the lease that you deduct lease payments, you must reduce your deduction by the inclusion amount computed for that year.

Leased car changed from business to personal use. If you lease a car for business use and, in a later year, change it to personal use, follow the rules explained earlier under Figuring the inclusion amount. For the tax year in which you stop using the car for business, use the dollar amount for the previous tax year. Prorate the dollar amount for the number of days in the lease term that fall within the tax year.

Example. On August 16, 2000, Will leased an electric car with a fair market value of $58,600 for 3 years. He used the car exclusively in his own data processing business. On November 5, 2001, Will closed his business and went to work for a company where he is not required to use a car for business. Using Appendix B-4, Will computed his inclusion amount for 2000 and 2001 as shown in the following table and reduced his deductions for lease payments by those amounts. Tax year Dollar amount Proration Business use Inclusion amount
2000 $ 78 138/366 100% $ 29
2001 173 309/365 100% 146


Leased car changed from personal to business use. If you lease a car for personal use and, in a later year, change it to business use, you must determine the car's fair market value on the date of conversion. Then figure the inclusion amount using the rules explained earlier under Figuring the inclusion amount. Use the fair market value on the date of conversion.

Example. In March 1999, Janice leased a car for 4 years for personal use. On June 1, 2001, she started working as a self-employed advertising consultant and started using the leased car for business purposes. Her records show that her business use for June 1 through December 31 was 60%. To figure her inclusion amount for 2001, Janice obtained an appraisal from an independent car leasing company that showed the fair market value of her 1999 car on June 1, 2001, was $18,650. Using Appendix A-5, Janice computed her inclusion amount for 2001 as shown in the following table. Tax year Dollar amount Proration Business use Inclusion amount
2001 $ 28 214/365 60% $10