06-22-2012, 06:44 AM
(06-22-2012, 06:35 AM)stevec Wrote: Nice looking mill! But it doesn't seem fair that one should get a deal like that for a "business" after all businesses get to dedeuct expenses and depreciate assets and stuff like that!
Sorry Rick, just the grumbling ramblings of a hobby machinist.
No problem Steve, It wasn't bought for a Business at the time, I used to keep the tools at my business' workshop but they were my hobby tools just I had no where else to keep them, so as a trade off, when a job came up that required the machines for the business, I'd let them use them, in return I used the labour force to do maintenance and the odd modification, and after all as this was a liquidation sale if I hadn't bid it would have been a no sale and would've been sent to scrap, Now that would be unfair, actually a crime.
Best Regards
Rick
Whatever it is, do it today, Tomorrow may not be an option and regret outlasts fatigue.