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Old 09-01-2006, 03:52 AM
grass_cuttin_fool's Avatar
grass_cuttin_fool grass_cuttin_fool is offline
LawnSite Gold Member
Join Date: May 2003
Location: Virginia
Posts: 3,506
!st thing is too not get in debt to far to quick and not buy more than you need. My accountant told me that a little debt is ok. Even if you have the money in the bank or invested. Too sum it up, intrest is a tax deduction,If you dont have many deductions for the buisness, then a loan is very good. Once Uncle sam gets your tax money its gone. With the loan you have something to deduct and maybe get back something from uncle sam.

To my dad, Thanx Pops you are my dad, my brother , and my best friend

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