ilmscore | Deducting Large Asset Purchases (Planes) Predictions
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Deducting Large Asset Purchases (Planes)

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Purchasing very large assets like a private jet, financed with a significant down payment and debt, can result in a substantial deduction that can offset current and future income, potentially creating large tax losses that can be carried forward for years.
"Let's assume that you made $2 million this year from your business. This is the profit, this is the ..."
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Nov 12, 2023
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