Calgary Jeep Association

Author Topic: TJ owners question inside,..  (Read 4037 times)

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Offline parabs

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Re: TJ owners question inside,..
« Reply #15 on: December 03, 2010, 10:03:57 PM »
The only time it matters is when its a business vehicle. Contractors like painters, roofers, etc etc, can not right off SUV's.

Classing them as station wagons opens the loophole they need to claim their vehicle.


wtf???  url to support this??

2000 TJ Sahara - Sold
2006 Lincoln Mark LT - Bassani Exhaust
2007 Harley Davidson F150 - Nothing to note.

Offline Bnine

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Re: TJ owners question inside,..
« Reply #16 on: December 14, 2010, 09:23:09 PM »

wtf???  url to support this??



Thought we had an understanding not to address eachother Paul.

As in, fawk off. Go figure it out yourself if you have questions.
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Offline parabs

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Re: TJ owners question inside,..
« Reply #17 on: December 15, 2010, 01:01:06 AM »
Thought we had an understanding not to address eachother Paul.

As in, fawk off. Go figure it out yourself if you have questions.

You and I have absolutely no understanding whatsoever.  Impossible to have an understanding when one side of the equation wont answer a pointed question.  (By the way, I took you post seriously, when I asked I was curious of some new laws were passed, I talked to my accountant, and he debunked your statement but predictably, you can not provide supporting evidence so your posts are just crap once again.)

If anyone has any questions about vehicle use in a business, PM me, if I cant answer the question you have, I can refer you to my accountant. 

The previous post about the inability to write off a specific vehicle is, in fact, inaccurate as any vehicle can be used in a business, however there are limitations.  Should you be in business for yourself you already know it is much more advantageous to run a personal vehicle with commercial insurance so you can extract tax free mileage pay without having to pay yearly on "capital property" taxes, but also without the ability to write that vehicle off.

Separate rules apply if you spend over $30,000 on a vehicle, and separate rules apply if the vehicle you purchase from factory only has the ability to carry 2 passengers including the driver, however all vehicles are eligible to be wrote off as they are classed as capital property used to earn income.

I have a small business, as in, usually I am the only employee so I look at this closely, and I work with my accountant closely to extract as much money as I possibly can from the company while paying as little tax legally possible....

Undoubtedly, you again will show your resolve to be as stubborn as a 3 year old, not listening to reason, or responding in a manner that most adults consider acceptable...so I dont know why I bother with you...but it is kinda fun from my perspective. ;D
2000 TJ Sahara - Sold
2006 Lincoln Mark LT - Bassani Exhaust
2007 Harley Davidson F150 - Nothing to note.

Offline Bnine

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Re: TJ owners question inside,..
« Reply #18 on: December 22, 2010, 01:59:45 PM »
Paul I could care less.

I simply relayed info provided to me by a sub contractor that I know. It boils down to vehicle type, use, and explaining said use in an audit. Not so much hard and fast rules. So really, the reg class does not matter. You just have to be carefull with what you are claiming.

Not everyones vehicle claims are for hippy rock snifer taxi services.

Regardless, it still falls into the realm of no one gives a crap.

How many times do I have to tell you to fawk off for you to get the point?

Do you even own a jeep? Why don't don't you take you poser arse back to beyond or whatever other lame forum you like to troll, and stay there.

It gets old watching you troll this board pretending to know what you are talking about while handing out shitty advice to people you don't know. Take that web wheeler crap somewhere else.

My Mechanic Calgary
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403-483-1083
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Offline Rodjock

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Re: TJ owners question inside,..
« Reply #19 on: December 30, 2010, 11:05:08 PM »
Not that I really want to get involved with with this, but something really bothers me about Parab's statement - why would I go to an accountant to get insurance advice? That's like going to a butcher and asking how to bake bread. Sure, the guy might know, but I'd probably get better advise from a baker.

That's why we have insurance brokers. Has anybody tried asking one of those?

Offline Spinalguy

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Re: TJ owners question inside,..
« Reply #20 on: December 31, 2010, 10:59:17 AM »
Rodjock...err...i am pretty sure i would go to my accountant to determine vehicle expenses.  ;)
But bnine is right, at the end of the day it makes no difference what the registry classifies your vehicle.
i have been audited TWICE and there is no registration check on classification. i just needed to provide the receipt for registration, not the actual document.
If you can justify the ue of a vehicle to the auditer, than you are good to go. Even if its a personal use vehicle that rarely is used for business, it still can be written off for the porion used for business.

As an example...if i drove my jeep to staging areas and had  sandwich board promoting my business, i can write off all expenses to get me to staging area and back but i can not write off the expenses incurred to go wheelin.
« Last Edit: December 31, 2010, 01:53:48 PM by Spinalguy »
sent from my old school rotary dial phone.

Offline Rodjock

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Re: TJ owners question inside,..
« Reply #21 on: December 31, 2010, 04:47:04 PM »
Oh, thanks Tom. I understand now. Too much babble going on. I read something about insurance before the bit about writing off a vehicle, and that's about when my eyes glazed over. So I went back and re-read it.
Yes, you would talk to your accountant about financial matters. And yes, you're right. If you can justify it, you can write it off. But if you can't justify using a two-seater SUV when you could be using a much cheaper and efficient van to a Revenue Canada auditor with short-man syndrome having a bad day, you'll probably have to reduce the expense you're claiming. That's probably what Bill's contacts were referring to. Unfortunately we're all slaves to the tax-man. I wouldn't be surprised if they tried to collect a tariff from the reaper on souls they collect.

Offline Unknown303

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Re: TJ owners question inside,..
« Reply #22 on: December 31, 2010, 06:45:44 PM »
New JK, says station wagon. I laughed at that.

So if it's a station wagon we don't need mudflaps!

you're right, they should be classified as minivans  :o :o :o ;)


Offline JackstandJohnny

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Re: TJ owners question inside,..
« Reply #23 on: December 31, 2010, 10:40:40 PM »
i like the GFs minivan ;)  oops, Wrangler hahaha. 

and.... its even going into the shop monday for its first warranty work; the nav system is not working correctly. not even 2k yet lol

~ rescue green JKUR on 35s.  typical rubicon build