USA | JC STONE - 1/25/2025 18:34
Well the 85k at 6 % would cost me almost 1k more in the end.
Tax benefits between sec 179 and writing off the interest would be about a wash.
Actually I'd prolly take the 100k deal as it would give me a higher tax basis when I go to sell it.
Would kinda mess with your head a little knowing you paid 15 k more for the same tractor.
Cheaper purchase price would be better when you go to sell, if you are in a higher tax bracket than capitol gain tax rate.. Anything below the purchase price is taxed @ income tax rates, anything about purchase price is taxed as capitol gains. |
Buying a used tractor.
