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Old 02-19-2004, 11:51 PM
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G.R. G.R. is offline
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Join Date: Jul 2001
Location: Evans, CO
Cobra Make, Engine: NAF 289 FIA, 347 stroker with Weber 48's, building a '48 Anglia gasser, driving a '55 Chevy resto-rod
Posts: 3,119
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We "leased" all equipment, pickups, tool vans, bobcat /trailer, backhoe/ trailer, tools/etc. , to my company. My ex-partner and I set this up with an accountant and a tax attorney. It worked for us, and then for me after I bought him out for another 12 years. Every thing legal and above board.

Had I owned a Cobra then might have had a problem justifying it as a "work" vechicle for a construction company.
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