I am curious on how these trainers pay $40,000 for these trailer they pull behing their trucks. i know some make a lot of money. Do you barrow money on them or pay cash? just curious on how it works
It's a business so it is equipment and therefore a business expense and written off through depreciation on taxes. I would imagine they would get a business loan if they couldn't pony up the needed cash.
It's a business so it is equipment and therefore a business expense and written off through depreciation on taxes. I would imagine they would get a business loan if they couldn't pony up the needed cash.
Just like amateur Bass fishermen paying $50-60,000 for a Bass boat. Toys are expensive.
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