Retired. Not enough $ to continue the M3 life style. He never was good at being a broke ass
bike racer.
RVD
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Retired. Not enough $ to continue the M3 life style. He never was good at being a broke ass
bike racer.
RVD
He sold the M3 and got an Audi which he leases and writes off against his sizeable bike
racer income.
I saw him today at the dealer.
-B
"Rik Van Diesel" <[email hidden]> wrote in message
"]news:[email hidden]...
Quoted message said:Retired. Not enough $ to continue the M3 life style. He never was good at being a broke ass
bike racer.RVD
It wouldn't be that hard to justify, actually. When he's local he can use it as "transportation to
races." Doesn't seem that farfetched... Visalia or the central california valley is certainly his
"office." ;-)
-B
"Stewart Fleming" <[email hidden]> wrote in message
"]news:[email hidden]...
Quoted message said:Bill Lloyd said:He sold the M3 and got an Audi which he leases and writes off against
his
Quoted message said:Quoted message said:sizeable bike racer income.
A bike racer writes off a car against tax as a "tool of trade"? WTF?
[email hidden] (Rik Van Diesel) wrote in message
news:<[email hidden]>...
Quoted message said:Retired. Not enough $ to continue the M3 life style. He never was good at being a broke ass
bike racer.RVD
M3's are strictly for prolific race winners, like Hincapie.
-RJ
Bill Lloyd said:It wouldn't be that hard to justify, actually. When he's local he can use it as "transportation to
races." Doesn't seem that farfetched... Visalia or the central california valley is certainly his
"office." ;-)-B
I believe in these cases one needs to demonstrate some minimum fraction of the use is for business,
sort of like a home office.
Dan
Right.
It's certainly easy for him to say that say 3000 miles were travelling to local races, out of 5000
miles he drove the car. He can write off that fraction.
It's fairly easy to make up numbers which get by just fine, unless you're audited.
-B
"Daniel Connelly" <[email hidden]> wrote in message "]news:[email hidden]...
Quoted message said:Bill Lloyd said:It wouldn't be that hard to justify, actually. When he's local he can
use
Quoted message said:Quoted message said:it as "transportation to races." Doesn't seem that farfetched...
Visalia or
Quoted message said:Quoted message said:the central california valley is certainly his "office." ;-)
-B
I believe in these cases one needs to demonstrate some minimum fraction of the use is for
business, sort of like a home office.Dan
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