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Thread: Depreciation

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  1. #4
    ken&ellen Guest

    Default My 2 cents

    Back in the stone age when I was in college studing to be a business tycoon I learned about depreciation, how to amortize capitol equipment, tax law, and etc. Then I bought an airplane......all logic went out the window...no matter how I tried the numbers did not justify owning that Mooney; however since I utilized it to pick up my young daughter, who lived 5 hours away in South Jersey , each weekend....it was indeed priceless.
    I have owned many campers and motor homes, but the Prevost has brought back that same feeling of satisfaction I used to get when I had my airplane.
    Ken

    PS....Welcome back Jeff...I did not recognize you with your new name until I read this thread.
    Last edited by ken&ellen; 02-27-2006 at 12:04 PM.

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