986 Forum - The Community for Porsche Boxster & Cayman Owners - View Single Post - does anyone write off the lease on their car?

Perfectlap · 11-16-2006, 12:33 PM

I was thinking about starting a company selling a few products and using the car in pics to sell the products on a website. Well the point of all this would be to maybe make some money with the side benefit of writing off a lease on another Pcar.

My pal does it for his business. he previously wrote off a $1200 a month Merc Lease and now he's doing it with a $500 amonth convertible M3 lease. His business is not related to sportscars at all so he's not sure if its ok.

Can anyone enlighten me on this?

11-16-2006, 12:33 PM	#1
Perfectlap Registered User Join Date: Nov 2004 Location: New Jersey Posts: 8,709	does anyone write off the lease on their car? I was thinking about starting a company selling a few products and using the car in pics to sell the products on a website. Well the point of all this would be to maybe make some money with the side benefit of writing off a lease on another Pcar. My pal does it for his business. he previously wrote off a $1200 a month Merc Lease and now he's doing it with a $500 amonth convertible M3 lease. His business is not related to sportscars at all so he's not sure if its ok. Can anyone enlighten me on this? __________________ GT3 Recaro Seats - Boxster Red GT3 Aero / Carrera 18" 5 spoke / Potenza RE-11 Fabspeed Headers & Noise Maker BORN: March 2000 - FINLAND IMS#1 REPLACED: April 2010 - NEW JERSEY -- LNE DUAL ROW