Agents Online Real Estate Forums, Discussion, Realtors Marketing Tips

Follow AgentsOnline on Twitter

Click Here to display our logo on your site and link to us!
AgentsOnline Real Estate Discussion Forums Logo

Good Ideas
Nusetlock.com




REO Prep Foreclosure Listings




How To Advertise Here

More Good Ideas!
Real Estate Websites for Realtors




Build your brand on a Real Estate Site





Facebook
Topic Options
Rate This Topic
#158864 - 07/28/07 11:46 AM Automoblie write off
Regina Phallange Offline
Junior Member

Registered: 07/28/07
Posts: 2
Loc: Ontario
Hi everyone,

This is my first posting here. Hopefully someone will know the answer to my question.
I expect to be licensed in Ontario before the end of the year.
My car is in need of replacing, and I will most likely buy a used car. My question is this: Can I write off the cost of the car, or any portion of it, as a business expense? I have another job as well, so the car would be used for driving back and forth to this other job too. If I can write off a portion/all of the cost of the car, then it's best that I wait until I'm licensed to buy it. If I can't write off the cost then I get to buy it sooner. Any insight would be great.
Thanks everyone.

Top
#159033 - 07/29/07 01:43 PM Re: Automoblie write off [Re: Regina Phallange]
Chad McBain Offline
Member

Registered: 10/11/06
Posts: 85
Loc: Guelph , Ont. Canada
Yes and yes. Check with your accountant for the % you should do.
_________________________
If a turtle loses it's shell is it naked...or is it homeless?

http://www.thedreamteamonline.ca
http://www.GuelphHousevalues.ca
http://www.easyhomesearch.ca

Top
#159075 - 07/29/07 05:44 PM Re: Automoblie write off [Re: Chad McBain]
Regina Phallange Offline
Junior Member

Registered: 07/28/07
Posts: 2
Loc: Ontario
Thanks Chad.

Top






Google Custom Forum Search

This Google Custom search may do a better job of searching the forums for some keywords than the old forum search does. The results do not include threads from the Asset Managers Forum however. To search that forum you will need to be actually in the Asset Managers Forum and you will need to use the old forum search below.
Search

Good Idea!
REO and Short Sale Listings
Sponsors

Newest Members
Bonnie J., Harrisk, Stckrap, Torrey, aanp
20755 Registered Users
Who's Online
15 registered (c302, ColoREO, knr0719, kevo32, Bunny, KeepItReal, 2 invisible), 184 Guests and 1 Spider online.
Key: Admin, Global Mod, Mod
Shout Box

Top Posters (30 Days)
DueDiligence 90
Vermont 88
HomeTeamGA 51
shana 40
smg 40
pro 40
pikes peak 39
75Corvette 37
Kjmendy 36
Brad - W4BJM 35
Doin' bpose 34
Artiste 34
realyte 31
VABroker 30
Rezo 29
(Views)Popular Topics
No new orders today 3949404
I MAKE 100 COLD CALLS EVERY DAY & LOVE IT! 2023426
Stupid MLS comments. 840684
EML 457988
Evalonline 299343
Land America 284999
Mainstreet 261426
What do you know about Froy Candelario, top agent in USA 248479
Pay it Forward - BPO/REO Tips & Tricks I & II 223417
New HUD Listing Brokers---Any Update? 222813
Is there religious content in Buffini class? 197275
Stupid QC comments and BPO requirements. 187214
FARVV 177240
REOTRANS 151278
USRES / RES.NET 147574
AVM Bpos 139412
asset val seminar in colorado 134392
FARVV 126751
Let's talk about our cars 120306
PAS 118318
Featured Member
KT
KT
Registered: 01/18/05
Posts: 1495

How To Advertise Here


This site presented by RNC Internet Services