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#11
08-21-2003, 10:08 AM
Hummer Guru
Join Date: Nov 2002
Location: Cognito
Posts: 2,155
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by Kevin W:
...Example: Truck is worth $55,000 and your company only made a prfit of $40,000, you can only write off $40,000 in the first year...<HR></BLOCKQUOTE>
I have a question on that. What about carrying your losses forward?
- Dan
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SUT on order since 12/02 - 10 months to go!
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