Posted by JRSutton on April 04, 2012 at 13:07:51 from (75.130.109.233):
In Reply to: Re: Cash sale posted by LAA on April 04, 2012 at 07:51:17:
Right - and to use an round number if you're paying 20% taxes, that's 2000.00.
So you buy a 10,000 baler with no deduction, it costs 10,000.
If yoy buy a 10,000 baler with the deduction it only costs you 8,000.
So for a $10,000 baler that you can't deduct, I'd only offer 8000. Or pretty close to it.
And that was my point - just offer what you really want to end up paying for it, and forget HIS tax situation.
Other factors obviously come into play - maybe the price is real low for what it is - if it's a $15,000 baler and he's offering it for 10,000 - You're saving $5000 - and losing 2000 by not being able to deduct it - but you'd still come out 3000 ahead in that deal.
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