New IS is making me reluctant to spend money on the SC
#16
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Glad to see you're taking advantage of living at home. One more way is to see if your parants can help you get a piece of property. Once you get a property you can take out a loan against it and buy yourself a car. Then use the interest on the property loan as a write-off on your taxes, if you plan on spending thousands at least you get a tax write-off. Now you can just go buy a car, but you won't get any tax benefit, just my 2 cents and I'm not trying to lecture you. Just giving some knowledge from experience.
#17
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Originally Posted by ajayssc40093
Glad to see you're taking advantage of living at home. One more way is to see if your parants can help you get a piece of property. Once you get a property you can take out a loan against it and buy yourself a car. Then use the interest on the property loan as a write-off on your taxes, if you plan on spending thousands at least you get a tax write-off. Now you can just go buy a car, but you won't get any tax benefit, just my 2 cents and I'm not trying to lecture you. Just giving some knowledge from experience.
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