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#25
09-01-2006, 02:52 AM
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!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.
wayne
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To my dad, Thanx Pops you are my dad, my brother , and my best friend  
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