Depreciation Appreciation Thread
January 1st, 2021 at 1:50 PM ^
Should be labeled OT.
January 1st, 2021 at 2:38 PM ^
It's about money, dude. Money is always on topic. Just ask the NCAA.
January 1st, 2021 at 1:51 PM ^
My body and hair are depreciating - yet I am not receiving any write off or deferred benefits of which I have been made aware.
January 1st, 2021 at 1:59 PM ^
With your ever-depreciating hair and body, does your wife still love you as much today as she did yesterday?
If you’re single, divorced, or your wife just hates you, I got nothing for you.
¯\_(ツ)_/¯
January 1st, 2021 at 2:00 PM ^
Don’t ask why - but the answer is yes. So that may just be the answer I am looking for - thanks!
January 1st, 2021 at 2:05 PM ^
There you go! I had to get adult braces for TMJ years after my wife married me, and she still somehow loved me. I had some concerns haha.
January 1st, 2021 at 2:19 PM ^
It sounds like you married a winner ?
Congrats and well done!
January 1st, 2021 at 2:32 PM ^
There was a song about loving someone as much tomorrow as today. The song came out shortly after the discovery of dirt....yeah that old. Early '60's I think...The Shirelles.
https://www.youtube.com/watch?v=cbxxkwBQk_o
January 1st, 2021 at 1:52 PM ^
Isn't this OT.
January 1st, 2021 at 1:57 PM ^
When I clicked on the OP, I thought it was gonna be about the depreciating of the amount of appreciation threads....I was wrong.
January 1st, 2021 at 2:04 PM ^
This post would have been better if it was made as a Bud Light “Real Men of Genius” commercial.
January 1st, 2021 at 2:06 PM ^
On 'OGoBlog' they have a thread with a similar title, "Defecation Appreciation Thread".
Cooler than this one? Lift the lid and find out, if you dare.
January 1st, 2021 at 3:05 PM ^
Those sound like immediately deductible repairs under the tangible property regs to me, not a capital asset to be depreciated. Sounds like you've been leaving dollar bills on the table all these years my man. Don't you even care about the time value of money?!?!
Also, for the record, the true hero is bonus depreciation. That's what should be cherished today and always.
January 1st, 2021 at 9:26 PM ^
But the stock market runup has already priced in a few years of earnings, so may not be as much opportunity there to take advantage of the time value of money, and for those who are growing quite fast in their earnings through personal careers, it may be nice to waive the bonus depreciation and save those expenses for years of greater personal wealth to reduce taxes then, especially when bumped up to higher tax brackets (looking at folks at 15% tax bracket to be jumped to 23% soon...state taxes in many states have same issue).
Not arguing your take, but we've seen this alternative scenario also, especially for folks at the 15% income tax bracket today that will be 23% soon because of the other more lucrative business growth.
January 2nd, 2021 at 12:30 AM ^
I'd rather have deductions / a loss in hand than future deductions in a bush.
January 1st, 2021 at 3:16 PM ^
Our tax system blows chunks. Can only think of one group of people who like it: the rich.
January 1st, 2021 at 3:29 PM ^
And the accountants and tax preparers
January 1st, 2021 at 3:41 PM ^
Touche, LaFleur.
January 1st, 2021 at 9:31 PM ^
Wouldn't say we love it, but when it changes it sure can be confusing.
I think the QBI has helped a lot of entrepreneurs in the last few years, so it helps them grow their biz and they may not be rich.
January 1st, 2021 at 3:37 PM ^
Can Harbaugh write off his disinterest?
January 1st, 2021 at 4:18 PM ^
you get to pay it back as capital gains tax when you sell the property
January 1st, 2021 at 5:45 PM ^
Tax rate arbitrage. Good trade off.
January 1st, 2021 at 5:07 PM ^
Heh, I thought this was about what is going to happen to the dollar after the 3T "stimuli" of the past year.
Just got our depreciation deposit today and need to figure out how to invest in a way that will be both growth minded and hedge against inflation...
January 1st, 2021 at 6:53 PM ^
I don't understand a word you said. Does that have something to do with hyperplasia preneoplastic response to my undulating periodization???