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DSK January 4th 06 06:02 PM

Boat deductions... OT political BS
 
NOYB wrote:
If an Iraqi war veteran serving inside Iraq came into my office, I'd
treat him for free...and probably not charge his immediate family either.

They earned it.




Well that's commendable. I'll send you some.



NOYB wrote:
Please do. Have him contact me here, leave an email, and I'll contact him
via that email.


Oh, I though you meant that they could just call your office
make an appointment.

Don't make promises you don't want to keep.

DSK


Wayne.B January 4th 06 06:52 PM

Boat deductions
 
On Wed, 04 Jan 2006 09:18:18 -0500, Harry Krause
wrote:

The only expenses I anticipate for my old barn are "haul away to the
dump" expenses. I have a good storage barn, but what I'd really like is
a full-fledged, cavernous genuine "farm barn" with a poured concrete
floor. Mucho dinero.


=================================

Probably true for conventional wood beam construction. I've seen some
interesting steel beam and skin construction recently that looks half
way affordable however. I was in one last week that was serving as a
wind surfer/kayak store (on topic), about 3,000 sq ft with 20+
ceilings. The owner said it came in at about $50/sq ft including the
slab and site prep.


P. Fritz January 4th 06 07:09 PM

Boat deductions
 

"Wayne.B" wrote in message
...
On Wed, 04 Jan 2006 09:18:18 -0500, Harry Krause
wrote:

The only expenses I anticipate for my old barn are "haul away to the
dump" expenses. I have a good storage barn, but what I'd really like is
a full-fledged, cavernous genuine "farm barn" with a poured concrete
floor. Mucho dinero.


=================================

Probably true for conventional wood beam construction. I've seen some
interesting steel beam and skin construction recently that looks half
way affordable however. I was in one last week that was serving as a
wind surfer/kayak store (on topic), about 3,000 sq ft with 20+
ceilings. The owner said it came in at about $50/sq ft including the
slab and site prep.


Polr barns are pretty economical to build, also there is a market for old
barn wood, especially if is from old growth wood, you don't find much oak
12 x 12 anymore.





NOYB January 4th 06 07:22 PM

Boat deductions... OT political BS
 

"DSK" wrote in message
...
NOYB wrote:
If an Iraqi war veteran serving inside Iraq came into my office, I'd
treat him for free...and probably not charge his immediate family
either.

They earned it.




Well that's commendable. I'll send you some.



NOYB wrote:
Please do. Have him contact me here, leave an email, and I'll contact
him via that email.


Oh, I though you meant that they could just call your office make an
appointment.


He can call my office once I send him my phone number via email.



DSK January 4th 06 07:39 PM

Boat deductions... OT political BS... another bluff called
 
Oh, I though you meant that they could just call your office make an
appointment.



NOBBY wrote:
He can call my office once I send him my phone number via email.


So, another example of "compassionate conservatism:" make an
offer of generosity, then reneg on it...

If you were serious, you could have posted your offer to one
of the Iraq War vet support web sites. As it happens, I know
a couple of Gulf & Iraq war vets in south Florida, but
they're not in Naples and they're doing well enough that an
quasi-offer of "free dental care" is not worth the drive.

DSK


Wayne.B January 4th 06 08:14 PM

Boat deductions
 
On Wed, 04 Jan 2006 14:46:43 -0500, Harry Krause
wrote:

Ahh, yes, but the steel buildings I have seen are butt ugly.


=============================

The one I saw was a cut above that, perfectly decent looking from the
outside, lots of exposed structure on the inside. Functional, but no
work of art.


JimH January 4th 06 09:31 PM

Boat deductions
 
Krause is still upset over the fact that he lost a discussion about boats
and the weights of power trains (engines/outdrives with me on Monday.




"Reggie Smithers" wrote in message
...
Harry,
When did Chuck Gould and all the other old timers become JimH's
facilitators?

The NG is better off without the mindless name calling.


"Harry Krause" wrote in message
. ..
Fred Dehl wrote:
Tamaroak wrote in news:576dnVxMv5qMfyTeRVn-
:

The poor in this country don't qualify for these deductions

It's hard to qualify for a deduction when YOU PAY NO INCOME TAXES IN THE
FIRST PLACE. The bottom FIFTY PERCENT of taxpayers pays ONLY FIVE
PERCENT of income taxes.



Your "facts" are wrong. But, of course, demonstrating that would be
making a political statement, and such thinking is verboten in this
mindless morass of born-again, part-time, goody two shoes. Just ask the
Rev. Jim or his facilitators.






JimH January 4th 06 09:32 PM

Boat deductions
 

"JohnH" wrote in message
...
On Tue, 03 Jan 2006 22:36:08 -0500, DSK wrote:

FWIW we have used the boat loan interest deduction for years. There are
several criteria, among them that the boat has to have a potty & a
galley,
and you have to sleep on board for a certain number of nights per year.



NOYB wrote:
How many nights per year?


I don't know for sure. Ask an accountant. It's the same as
the number of nights you need to sleep in a 2nd home for it
to qualify for the same deduction.

DSK


No you don't, unless you are renting out the second home also.

--
John H.

"Divide each difficulty into as many parts as is feasible and necessary to
resolve it."
Rene Descartes


Yep, you are right John.



JimH January 4th 06 09:33 PM

Boat deductions
 

"JohnH" wrote in message
...
On Tue, 03 Jan 2006 22:01:15 -0500, DSK wrote:

Fred Dehl wrote:
It's hard to qualify for a deduction when YOU PAY NO INCOME TAXES IN THE
FIRST PLACE. The bottom FIFTY PERCENT of taxpayers pays ONLY FIVE
PERCENT
of income taxes.


I see that a few people are still SHOUTING their stupid
political lies here. Obviously you did not bother to check
the IRS web site for actual tax figures. The truth is very
easy to find.

Hey Fred, got a boat?

As for the reason for tax deductions for the *interest* on
boat loans, it depends on your point of view. In one way, it
is an indirect subsidy for the banking industry. In another
way of looking at it, it's a fair way of stimulating the
economy by encouraging people to buy things.

FWIW we have used the boat loan interest deduction for
years. There are several criteria, among them that the boat
has to have a potty & a galley, and you have to sleep on
board for a certain number of nights per year.

DSK


The requirements for claiming the interest deduction on a boat as a
'second home' do
not include sleeping on it for 'a certain number of nights per year.



Yep!



Reggie Smithers January 4th 06 09:53 PM

Boat deductions
 
and it looks like all of us need to be very careful not to bite at bait,
even when it looks so tasty. Some people have been trying to destroy
rec.boats for so many years, that they are pros at turning any thread into a
flamefest.

If I screw up and take the bait, remind me.


" JimH" jimh_osudad@yahooDOTcom wrote in message
...
Krause is still upset over the fact that he lost a discussion about boats
and the weights of power trains (engines/outdrives with me on Monday.




"Reggie Smithers" wrote in message
...
Harry,
When did Chuck Gould and all the other old timers become JimH's
facilitators?

The NG is better off without the mindless name calling.


"Harry Krause" wrote in message
. ..
Fred Dehl wrote:
Tamaroak wrote in news:576dnVxMv5qMfyTeRVn-
:

The poor in this country don't qualify for these deductions

It's hard to qualify for a deduction when YOU PAY NO INCOME TAXES IN
THE FIRST PLACE. The bottom FIFTY PERCENT of taxpayers pays ONLY FIVE
PERCENT of income taxes.


Your "facts" are wrong. But, of course, demonstrating that would be
making a political statement, and such thinking is verboten in this
mindless morass of born-again, part-time, goody two shoes. Just ask the
Rev. Jim or his facilitators.









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