Re: Any tax breaks left for buying an H2?
I thank you guys for your replies and I sincerely mean that. My CPA just got back in town today and I spoke to him this afternoon, he will get back to me tomorrow with his findings about whatever changes took place (in May this year I think he said). Off the top of his head, he did concur with RacerX?s figures but he just wanted to check the latest changes to be sure.
He also thinks that the ?such-in-such clause?, or whatever he told me, would protect me if I bought used rather than new. This also he said he would have to research as well to see if the May changes effect that.
If the write-off is based on percentage of cost vs. a flat monetary value, it could make a huge difference as to if I buy new or slightly used. I?m basically just waiting on that figure before I decide. Thanks again guys!
Rob
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