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Old 09-03-2012, 11:13 PM
muddywater muddywater is offline
LawnSite Bronze Member
Join Date: Sep 2011
Posts: 1,813
Cash purchases are deductible. Alot of landscape companies i know, finance the asset in december take the complete writeoff and basically pay on the tax deduction for the next 5 years.

You would be amazed at how much cash flow you can have if you have everything paid off.

If you are profitable and make money, why is there nothing in the bank?
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