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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: MulhollandDrive who wrote (173783)12/26/2008 5:17:49 PM
From: bigfishyRead Replies (1) of 306849
 
RE "isn't it normal to get an uptick in sales right before the end of year?

people buying cars/trucks for business looking for the tax write off?"

A "bonus depreciation" deduction available only for 2008 allows you to claim up to $10,960 in depreciation for a new automobile or $11,160 for a light truck or van placed into service in 2008. Considered it myself, but ultimately passed on any more debt.
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