AGREE WITH MOST OF THE COMMENTS BUT REMEMBER THE SMART MONEY CAN USE THESE WRITEOFFS TO BUY TRUCKS, TRAILERS, EQUIPMENT, ETC. YOU CAN ALSO USE THIS DEDUCTION IN YOUR BUSINESS IF YOU ONLY ARE A HOBBYIST IS RACING.
EITHER WAY, EVERYONE, LARGE OR SMALL SHOULD TAKE ADVANTAGE OF WHAT IS BEING GIVEN TO YOU. PLEASE RECALL THAT THE ACCESS TO FUNDS IS NOW MUCH EASIER THAN EVER TO OBTAIN FOR SMALL BUSINESS. RATES ARE AT HISTORIC LOWS. SO WHETHER YOU UTILIZE FUNDS FOR RACING OR FOR YOUR SMALL BUSINESS PLEASE CONSIDER AND SEE IF THESE STRATEGIES WORK FOR YOU AND YOUR FAMILY!
I AM SURE I WILL NOT SEE THIS AGAIN IN MY LIFETIME BUT MANY OF YOU WILL---SO WHY NOT EDUCATE YOURSELF TODAY FOR FUTURE ENDEAVORS!!!
I ALWAYS SEE FOLKS COMPLAINING THAT THEY ARE NOT RICH---BUT, TRUTHFULLY WE ALL MUST START SOMEWHERE. USE YOUR HEADS AS THERE ARE PROGRAMS OUT THERE FOR EVERYONE---YOUNG AND OLD.
BE SAFE!
