Thread: Money How broke are you?
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Old 06-16-2021, 11:49 AM   #679
Bearcat Bearcat is offline
Would an idiot do that?
 
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Join Date: Nov 2000
Location: Arizona
Quote:
Originally Posted by Buehler445 View Post
Yeah. I’m not sure exactly what he’s getting at from the tax side of things. Sure interest is deductible, but principle payments are exclusively post tax. You get depreciation, so if you keep it for the term of the depreciation and term of the note, it’ll net 0 on the tax side.
Shit poster shit posts... granted, that's kind of the point of this thread.

One day it's "ermergerd I'm paying $600 a month on electricity and have no idea how" and another day he's a multimillionaire... sometimes in the same thread.
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