WEW! So, now that this topic brought out on the floor...lets all get our ducts lined up. $25,000 initiall deduction, then what is this talk about the 1st year depreciation deduction?
The Armada is eligible for the federal tax deduction right?
I just registered my vehicle here in Nevada and they have it listed as only weighing 5999. If that's the case, this isn't eligible for the home based business deduction that I had planned for. I could have swore I read that the GVW is 7,000 pounds. Can anyone else confirm?
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We bought in '05, so we will have to wait. I just figured that out. 30% above anything over $25,000. So, around $5,000. Plus we get to write off all the sales tax too! Don't forget that!
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