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Vettethret
09-14-2014, 10:58 PM
Well my plan was to build a 15 JK with the slabs and ORE coil overs I've wanted on my last two Jeeps. My problem is the industry that I've been in the last 19 years and have made quite a bit of money at is DEAD (Nothing like starting over at 40) and I am looking for a new career at this point, therefore I cant do another 20+k build. I was SERIOUSLY considering getting a 15 4runner trail and lifting it on 35's (6K and done), but I'm not a Toyota guy and the 4runner isn't the best looking vehicle around. My CPA has been telling me for years to lease to help me with my taxes (Outside of jeeps I've always leased and either sold the modified car or parted it out and sold).

Fast forward to today. I've got a dealer that will give me 4k off sticker on a Rubi X and let me finance 12.5 worth of parts into the lease (Hence why coil overs and slabs are out). I am looking for opinions on two lifts. The Teraflex 6" Long Arm or the Rock Krawler 5.5" Long Arm. I've seen the issue with the broken brackets with Teraflex, but it looks like they've re-designed it. I ran the RK 5.5 MID ARM (They only sell the long arm now at this height) on my 13 Rubicon and was overall happy with it (Ride could have been a little better but still a solid lift). I've always run bigger lifts on my rig (Personal preference) so a 4" lift will not work for me (Again, personal preference). Any suggestions between these two lifts, or maybe another bigger lift I am not seeing? My understanding is that RK developed new springs that may give a better ride. My build parts are below. I would love to hear suggestions other than running a smaller lift (My little mans complex wont allow it). I do wheel the moderate trails and have run 38's on my last 3 rigs, so that tire choice wont change. Any opinions would be appreciated.

The build-

Tera 6" Long Arm or RK 5.5" Long Arm)
20x10 Moto metal wheels
38x15.5x20 Nitto Mud Grapplers
JE Reel 1350 Drive shafts
King 2.5 Resi shocks
ORE Sliders

OverlanderJK
09-14-2014, 11:36 PM
Financing lifts and tires is a great thing to do when you are looking for a new career.

ttfhell
09-14-2014, 11:44 PM
Why the hell would you want a 6" lift? I had the 4" Teraflex which is solid and it netted about 18" of lift. And by solid I mean if you don't wheel it you will be good. But if you wheel it that's a lot of weight way up I'm the sky. Oh and your joints will last about six months.

GR8WHITE
09-14-2014, 11:44 PM
2 or 4 door? (Idk if i missed that or not) Im running a 5.5 Rk xfactor long arm (38 mtrks) on my jku now and like it. I only went with such a big lift was for belly clearance. But for now it does pretty damn good in the the mall parking lots :cheesy:
100179

JAGS
09-14-2014, 11:51 PM
You will get hosed by financing that 12.5k. If you were to search the same lifts, they are probably 4-5k max.

If they're letting you pick lift, why not CO?? I think you could do that for 12.5 or close to it.


- Jason

Vettethret
09-14-2014, 11:55 PM
Financing lifts and tires is a great thing to do when you are looking for a new career.

Really smart ass, whats the issue? I'm still liquid for over 100k, why would I want to tie that up in a vehicle when I can lease it, run it through my company I still have set up, deduct it, and then turn the car in three years from now and get another? Let me guess, your a plumber?

noroad
09-14-2014, 11:57 PM
Really smart ass, whats the issue? I'm still liquid for over 100k, why would I want to tie that up in a vehicle when I can lease it, run it through my company I still have set up, deduct it, and then turn the car in three years from now and get another? Let me guess, your a plumber?

Ill just put this here!
100183

JAGS
09-15-2014, 12:04 AM
Really smart ass, whats the issue? I'm still liquid for over 100k, why would I want to tie that up in a vehicle when I can lease it, run it through my company I still have set up, deduct it, and then turn the car in three years from now and get another? Let me guess, your a plumber?

You can claim (deduct) your built/leased rig from your taxes??? What kind of mortgage business requires a lifted jeep off road vehicle? Just asking as I too have my own business and would love to know that work-around. 😉

I think overlanders point was likely more the age long rule....you don't finance toys (boats, atvs, etc, trailers) etc. not sure why the harsh replay, but sure you'll work it out. 👍


- Jason

jeeeep
09-15-2014, 12:30 AM
Well my plan was to build a 15 JK with the slabs and ORE coil overs I've wanted on my last two Jeeps. My problem is the industry that I've been in the last 19 years and have made quite a bit of money at is DEAD (Nothing like starting over at 40) and I am looking for a new career at this point, therefore I cant do another 20+k build. I was SERIOUSLY considering getting a 15 4runner trail and lifting it on 35's (6K and done), but I'm not a Toyota guy and the 4runner isn't the best looking vehicle around. My CPA has been telling me for years to lease to help me with my taxes (Outside of jeeps I've always leased and either sold the modified car or parted it out and sold).

Fast forward to today. I've got a dealer that will give me 4k off sticker on a Rubi X and let me finance 12.5 worth of parts into the lease (Hence why coil overs and slabs are out). I am looking for opinions on two lifts. The Teraflex 6" Long Arm or the Rock Krawler 5.5" Long Arm. I've seen the issue with the broken brackets with Teraflex, but it looks like they've re-designed it. I ran the RK 5.5 MID ARM (They only sell the long arm now at this height) on my 13 Rubicon and was overall happy with it (Ride could have been a little better but still a solid lift). I've always run bigger lifts on my rig (Personal preference) so a 4" lift will not work for me (Again, personal preference). Any suggestions between these two lifts, or maybe another bigger lift I am not seeing? My understanding is that RK developed new springs that may give a better ride. My build parts are below. I would love to hear suggestions other than running a smaller lift (My little mans complex wont allow it). I do wheel the moderate trails and have run 38's on my last 3 rigs, so that tire choice wont change. Any opinions would be appreciated.

The build-

Tera 6" Long Arm or RK 5.5" Long Arm)
20x10 Moto metal wheels
38x15.5x20 Nitto Mud Grapplers
JE Reel 1350 Drive shafts
King 2.5 Resi shocks
ORE Sliders

been there done that..IMO, I'd get the Rubi X and skip all the other until you get more solid. I've been liquid far more than you state and it's amazing how fast it goes when life gets in the way. But, it's your money and even if you weren't in the position you're in now I wouldn't do a dealer install as the premium on it is about 1.5x retail then the finance costs on top of it. Even if they install it, they may void any warranty at their discretion . Dealers love buyers like you...it's all profit for them.
You'll have a very capable Rubi in stock form, why mess with it on getting a lift you're not real thrilled about, especially on a lease?
:twocents:

ttfhell
09-15-2014, 12:40 AM
Really smart ass, whats the issue? I'm still liquid for over 100k, why would I want to tie that up in a vehicle when I can lease it, run it through my company I still have set up, deduct it, and then turn the car in three years from now and get another? Let me guess, your a plumber?"Any opinions would be appreciated." Unless of course you don't like somebody else's opinion...

tastethebeast
09-15-2014, 12:58 AM
Please DO NOT lease a vehicle and have the dealer install parts!! Trust me, I did this when I bought my first JK in 2007. I own a business as well and tried to write off mods and payment under the business and realized it is not that easy. You know what happens if the IRS decides to audit you and your biz (I assume you have an LLC)? Unless you own an offroad parts biz or a repair shop they aren't going to take your word that you use a Rubicon with a 5.5 inch long arm to visit clients for your insurance business. When I went to trade the Jeep in it was a nightmare trying to switch those parts to a new lease. I eventually was able to find a dealer that would swap the parts if I purchased a new vehicle from them. I paid over $1000 in last month payments and mileage penalties. IMO you should never finance upgrades to a vehicle and you should NEVER lease a Jeep that you plan to mod. I hope my bad experience knocks some sense into you! Good luck with the change of career too!

JAGS
09-15-2014, 01:02 AM
Please DO NOT lease a vehicle and have the dealer install parts!! Trust me, I did this when I bought my first JK in 2007. I own a business as well and tried to write off mods and payment under the business and realized it is not that easy. You know what happens if the IRS decides to audit you and your biz (I assume you have an LLC)? Unless you own an offroad parts biz or a repair shop they aren't going to take your word that you use a Rubicon with a 5.5 inch long arm to visit clients for your insurance business. When I went to trade the Jeep in it was a nightmare trying to switch those parts to a new lease. I eventually was able to find a dealer that would swap the parts if I purchased a new vehicle from them. I paid over $1000 in last month payments and mileage penalties. IMO you should never finance upgrades to a vehicle and you should NEVER lease a Jeep that you plan to mod. I hope my bad experience knocks some sense into you! Good luck with the change of career too!

You must be a plumber. 😉😂😂


- Jason

tastethebeast
09-15-2014, 01:06 AM
You must be a plumber. 


- Jason

Haha, nope not a plumber. Just young and dumb. It was for a nutrition and training business. I figured a huge Jeep was bound to attract clients! Careful though, you might offend some of the sensitive pipe cleaners around here!

JAGS
09-15-2014, 01:12 AM
Haha, nope not a plumber. Just young and dumb. It was for a nutrition and training business. I figured a huge Jeep was bound to attract clients! Careful though, you might offend some of the sensitive pipe cleaners around here!

Was just referencing one of the OPs quote. Ha ha


- Jason

Sharkey
09-15-2014, 01:14 AM
Really smart ass, whats the issue? I'm still liquid for over 100k, why would I want to tie that up in a vehicle when I can lease it, run it through my company I still have set up, deduct it, and then turn the car in three years from now and get another? Let me guess, your a plumber?

No offense...but you suck donkey dicks. I'm am so effing sick of people gaming the system every chance they get. Except in very limited circumstances, there is no legitimate reason for you to be running a modified vehicle through your business. And your CPA is a crook if he is telling you to do it. Maybe you and your CPA can find a way to get some EBT cards too...I bet Teraflex would accept them.

Integrity can be defined as doing the right thing even when no one is watching. Karma is a bitch dude, and I hope she slaps you silly.

noroad
09-15-2014, 01:16 AM
No offense...but you suck donkey dicks. I'm am so effing sick of people gaming the system every chance they get. Except in very limited circumstances, there is no legitimate reason for you to be running a modified vehicle through your business. And your CPA is a crook if he is telling you to do it. Maybe you and your CPA can find a way to get some EBT cards too...I bet Teraflex would accept them.

Integrity can be defined as doing the right thing even when no one is watching. Karma is a bitch dude, and I hope she slaps you silly.

:eek: :clap2:

Tigrcky
09-15-2014, 01:18 AM
No offense...but you suck donkey dicks. I'm am so effing sick of people gaming the system every chance they get. Except in very limited circumstances, there is no legitimate reason for you to be running a modified vehicle through your business. And your CPA is a crook if he is telling you to do it. Maybe you and your CPA can find a way to get some EBT cards too...I bet Teraflex would accept them.

Integrity can be defined as doing the right thing even when no one is watching. Karma is a bitch dude, and I hope she slaps you silly.

I owe you a beer now :yup: :beer:

Sent from my whatchamacallit

Stalter08Rubi
09-15-2014, 01:20 AM
No offense...but you suck donkey dicks. I'm am so effing sick of people gaming the system every chance they get. Except in very limited circumstances, there is no legitimate reason for you to be running a modified vehicle through your business. And your CPA is a crook if he is telling you to do it. Maybe you and your CPA can find a way to get some EBT cards too...I bet Teraflex would accept them.

Integrity can be defined as doing the right thing even when no one is watching. Karma is a bitch dude, and I hope she slaps you silly.

That was awesome :shock: you deserve an award :clap2:

tastethebeast
09-15-2014, 01:20 AM
No offense...but you suck donkey dicks. I'm am so effing sick of people gaming the system every chance they get. Except in very limited circumstances, there is no legitimate reason for you to be running a modified vehicle through your business. And your CPA is a crook if he is telling you to do it. Maybe you and your CPA can find a way to get some EBT cards too...I bet Teraflex would accept them.

Integrity can be defined as doing the right thing even when no one is watching. Karma is a bitch dude, and I hope she slaps you silly.

If his CPA told him to write off the vehicle's miles then that is fine, if he actually said you can write off mods on a leased vehicle he is either a moron, a scam artist, or a nasty combination of the two.

Tigrcky
09-15-2014, 01:23 AM
And here I was working on getting a new jeep and modding it the honest way... I'm such an idiot!!!:banghead::banghead::banghead:

Sent from my whatchamacallit

catahoula
09-15-2014, 01:25 AM
Why would one lease a vehicle and mod it up? Or, even finance or max out a credit card for mods. Makes no sense to me.

shadow21
09-15-2014, 01:25 AM
I don't see how you can't get the bolt on coil-over kit? The front is 2200 the rear is 2500. If you can really use 12.5k for parts the you got the money for everything you want. That's not to say that if agree with buying 12.5k in parts on a leased vehicle but hey it's your life to do what you want. I just hate pissing money away

JAGS
09-15-2014, 01:30 AM
No offense...but you suck donkey dicks. I'm am so effing sick of people gaming the system every chance they get. Except in very limited circumstances, there is no legitimate reason for you to be running a modified vehicle through your business. And your CPA is a crook if he is telling you to do it. Maybe you and your CPA can find a way to get some EBT cards too...I bet Teraflex would accept them.

Integrity can be defined as doing the right thing even when no one is watching. Karma is a bitch dude, and I hope she slaps you silly.

Come on sharkey, he's losing his job and is only 100k liquid. I mean the least we can do is establish a kick starter account, for the lease he is going to deduct.

I'm mean can't think of another guy ever to fall on hard times and not need a little. Oh wait, yeah I can, me. 😉 Got laid off four years ago. Worked my ass off opening my own business and continued working my ass off keeping my house running and racking up zero debt, bought a jeep, saved for kids college, and more.

I too have a zero tolerance for this kind of entitled crap.


- Jason

shadow21
09-15-2014, 01:35 AM
No offense...but you suck donkey dicks. I'm am so effing sick of people gaming the system every chance they get. Except in very limited circumstances, there is no legitimate reason for you to be running a modified vehicle through your business. And your CPA is a crook if he is telling you to do it. Maybe you and your CPA can find a way to get some EBT cards too...I bet Teraflex would accept them.

Integrity can be defined as doing the right thing even when no one is watching. Karma is a bitch dude, and I hope she slaps you silly.

EBT+Teraflex=100202100203

MTG
09-15-2014, 01:36 AM
Man I've been slammed at work lately, seems like I've missed a lot of drama. :crazyeyes:

I personally don't think you have had enough vehicles in the past few years. Case in point...


2010, 2012, 2013 Rubicons Sold

Current- 2014 SRT8

Incoming- 2015 Rubicon



Screw the lease, you should finance another one, and then another one when the new model comes out. :thumb:

What does 100K liquid mean? I'm going to stop at the store tonight and buy a $12-15 bottle of liquid to consume with dinner. Where does that leave me? :idontknow:

shadow21
09-15-2014, 01:37 AM
Come on sharkey, he's losing his job and is only 100k liquid. I mean the least we can do is establish a kick starter account, for the lease he is going to deduct.

I'm mean can't think of another guy ever to fall on hard times and not need a little. Oh wait, yeah I can, me. 😉 Got laid off four years ago. Worked my ass off opening my own business and continued working my ass off keeping my house running and racking up zero debt, bought a jeep, saved for kids college, and more.

I too have a zero tolerance for this kind of entitled crap.


- Jason

Respect to you sir.

JAGS
09-15-2014, 01:44 AM
Man I've been slammed at work lately, seems like I've missed a lot of drama. :crazyeyes:

I personally don't think you have had enough vehicles in the past few years. Case in point...



Screw the lease, you should finance another one, and then another one when the new model comes out. :thumb:

What does 100K liquid mean? I'm going to stop at the store tonight and buy a $12-15 bottle of liquid to consume with dinner. Where does that leave me? :idontknow:

Happy and posting in the wines of the week thread later! 🍷

He did say he wanted a 12" lift, has a small mans complex AND is 100k liquid. So one can connect the dots. 😉 Crazy thing is Vette has been around for a while, so kind of surprised he went down this path.


- Jason

JAGS
09-15-2014, 02:02 AM
Respect to you sir.

No praise needed. It's what any respectable and hardworking father and husband would try to do in my shoes. I'm more sympathetic to those going through difficult times as a result. But I have no sympathy for liars and those who lack integrity. A sore subject as I've seen folks true colors as a business owner and as part of my layoff. It's been some time, but still strikes a chord.


- Jason

OverlanderJK
09-15-2014, 02:13 AM
Really smart ass, whats the issue? I'm still liquid for over 100k, why would I want to tie that up in a vehicle when I can lease it, run it through my company I still have set up, deduct it, and then turn the car in three years from now and get another? Let me guess, your a plumber?

This coming from the guy who posted up about how his wife lost her job and he is out 100k a year.

You're the one always coming there for advice and bitching about money then throwing around how much you have. Last time I checked nobody gives a fuck how much money anyone makes. You might have more into your rig then I have into mine difference is, I use mine.

trailless
09-15-2014, 02:16 AM
Really smart ass, whats the issue? I'm still liquid for over 100k, why would I want to tie that up in a vehicle when I can lease it, run it through my company I still have set up, deduct it, and then turn the car in three years from now and get another? Let me guess, your a plumber?

Liquid for only 6 figures?

100205


But I do agree with you. Buying cars under your business for "business purposes" isn't the worst idea.

Irish JK
09-15-2014, 02:26 AM
Happy and posting in the wines of the week thread later! 

He did say he wanted a 12" lift, has a small mans complex AND is 100k liquid. So one can connect the dots.  Crazy thing is Vette has been around for a while, so kind of surprised he went down this path.


- Jason

Really? I'm not, saw this coming a while ago.

And yes, I am a plumber.:2thumbsup:

OverlanderJK
09-15-2014, 02:29 AM
Really? I'm not, saw this coming a while ago.

And yes, I am a plumber.:2thumbsup:

Same here. Asks a question, doesn't like the answer, says shit to the person who gave that answer. It has happened multiple times over.

Vettethret
09-15-2014, 02:36 AM
2 or 4 door? (Idk if i missed that or not) Im running a 5.5 Rk xfactor long arm (38 mtrks) on my jku now and like it. I only went with such a big lift was for belly clearance. But for now it does pretty damn good in the the extreme mall parking lots :cheesy:
100179

Thanks Gr8white, I'll probably go with RK since I know that lift works. Thanks for being the only one who actually answered my question.:beer:

Vettethret
09-15-2014, 02:37 AM
You will get hosed by financing that 12.5k. If you were to search the same lifts, they are probably 4-5k max.

If they're letting you pick lift, why not CO?? I think you could do that for 12.5 or close to it.


- Jason

With the slabs, trac bars, flip link, tires, coil overs, sliders, labor etc- its just over 15k

Vettethret
09-15-2014, 02:38 AM
You can claim (deduct) your built/leased rig from your taxes??? What kind of mortgage business requires a lifted jeep off road vehicle? Just asking as I too have my own business and would love to know that work-around. 

I think overlanders point was likely more the age long rule....you don't finance toys (boats, atvs, etc, trailers) etc. not sure why the harsh replay, but sure you'll work it out. 


- Jason

I am going to re confirm with my CPA but he says if I lease the vehicle, its a greater tax deduction (Even larger on an SUV). He ran through the reason but I cant remember them all.

GR8WHITE
09-15-2014, 02:39 AM
Thanks Gr8white, I'll probably go with RK since I know that lift works. Thanks for being the only one who actually answered my question.:beer:

No problem

noroad
09-15-2014, 02:39 AM
Thanks Gr8white, I'll probably go with RK since I know that lift works. Thanks for being the only one who actually answered my question.:beer:

soo what lifts dont work :thinking::thinking:

OverlanderJK
09-15-2014, 02:40 AM
Thanks for being the only one who actually answered my question.:beer:

You're welcome.

Vettethret
09-15-2014, 02:40 AM
"Any opinions would be appreciated." Unless of course you don't like somebody else's opinion...

Not at all. Almost every single person attacked my finance plan, only one actually answered the question about which lift. I posted because I was interested in peoples opinions on the lift, not me leasing the Jeep.

Vettethret
09-15-2014, 02:41 AM
No offense...but you suck donkey dicks. I'm am so effing sick of people gaming the system every chance they get. Except in very limited circumstances, there is no legitimate reason for you to be running a modified vehicle through your business. And your CPA is a crook if he is telling you to do it. Maybe you and your CPA can find a way to get some EBT cards too...I bet Teraflex would accept them.

Integrity can be defined as doing the right thing even when no one is watching. Karma is a bitch dude, and I hope she slaps you silly.

I'm gaming the system because I am writing off a lease when I use the vehicle for my business? What does it matter if the vehicle is stock or lifted, a lease write off is a lease write off???????????

Vettethret
09-15-2014, 02:42 AM
If his CPA told him to write off the vehicle's miles then that is fine, if he actually said you can write off mods on a leased vehicle he is either a moron, a scam artist, or a nasty combination of the two.

Writing off the miles and the lease payment, not the mods.

Vettethret
09-15-2014, 02:43 AM
I don't see how you can't get the bolt on coil-over kit? The front is 2200 the rear is 2500. If you can really use 12.5k for parts the you got the money for everything you want. That's not to say that if agree with buying 12.5k in parts on a leased vehicle but hey it's your life to do what you want. I just hate pissing money away

15k for ALL the parts and labor with the slabs/coil overs

Vettethret
09-15-2014, 02:44 AM
Come on sharkey, he's losing his job and is only 100k liquid. I mean the least we can do is establish a kick starter account, for the lease he is going to deduct.

I'm mean can't think of another guy ever to fall on hard times and not need a little. Oh wait, yeah I can, me.  Got laid off four years ago. Worked my ass off opening my own business and continued working my ass off keeping my house running and racking up zero debt, bought a jeep, saved for kids college, and more.

I too have a zero tolerance for this kind of entitled crap.


- Jason

:cheesy:Entilted??? Makes no fucking sense?

Vettethret
09-15-2014, 02:45 AM
No praise needed. It's what any respectable and hardworking father and husband would try to do in my shoes. I'm more sympathetic to those going through difficult times as a result. But I have no sympathy for liars and those who lack integrity. A sore subject as I've seen folks true colors as a business owner and as part of my layoff. It's been some time, but still strikes a chord.


- Jason

Who the fuck is the liar here? Im a liar because I am writing off a lease? Your a FUCKING IDIOT!

Vettethret
09-15-2014, 02:48 AM
This coming from the guy who posted up about how his wife lost her job and he is out 100k a year.

You're the one always coming there for advice and bitching about money then throwing around how much you have. Last time I checked nobody gives a fuck how much money anyone makes. You might have more into your rig then I have into mine difference is, I use mine.

Im always throwing around my money?? I would LOVE to see that post. Every time I post something you always come up with some jaded comeback that doesn't come close to answering my post, you've done this many times, that's why I responded the way I did! Youre A dick!

Tigrcky
09-15-2014, 02:49 AM
Im always throwing around my money?? I would LOVE to see that post. Every time I post something you always come up with some jaded comeback that doesn't come close to answering my post, you've done this many times, that's why I responded the way I did! Youre A dick!

He is also a mod and long time member so show some respect why don't you! Besides only I can call him that

Sent from my whatchamacallit

MTG
09-15-2014, 03:04 AM
Your a FUCKING IDIOT!

This is always one of my favorite examples of irony. :crazyeyes:

ridg3runner
09-15-2014, 03:05 AM
Doesn't take much to get vettethreat's panties in a wad, does it?

Sharkey
09-15-2014, 03:05 AM
Writing off the miles and the lease payment, not the mods.

You specifically stated that your dealer was going to put the mods into your lease payment, and you intend to take a deduction for the lease payment. Are you now saying that your CPA will deduct the mods from the lease amount for the purpose of doing your taxes? Bullshit!

Your entire reason for the method of financing you have chosen is to pass the mods through your business. You said so. Don't change your story now.

Can't say I'm surprised that you were a mortgage broker.

Tigrcky
09-15-2014, 03:09 AM
You specifically stated that your dealer was going to put the mods into your lease payment, and you intend to take a deduction for the lease payment. Are you now saying that your CPA will deduct the mods from the lease amount for the purpose of doing your taxes? Bullshit!

Your entire reason for the method of financing you have chosen is to pass the mods through your business. You said so. Don't change your story now.

Can't say I'm surprised that you were a mortgage broker.

I thought he was a crack dealer and a corrupt politician :idontknow:

Sent from my whatchamacallit

Sharkey
09-15-2014, 03:13 AM
What does it matter if the vehicle is stock or lifted, a lease write off is a lease write off???????????

No, it's not. When you artificially increase the amount of the lease payments by modding out the vehicle, you are gaming the system.

Hell, if you work in an office and are writing off your lease at all, or are deducting miles for your "to and from" work, you are probably already violating tax code.

Edit: And I'm sure you and your CPA properly account for the fact you drive this "business vehicle" on the weekends and after business hours.

:naw:

JAGS
09-15-2014, 03:23 AM
Who the fuck is the liar here? Im a liar because I am writing off a lease? Your a FUCKING IDIOT!

You can not write off a lease payment unless the vehicles sole purpose is to conduct business related activities. Since your business is "DEAD" you have no business travel. Who's an fn idiot again.

Additionally, you can only write off the percentage of payment in which it is used for business activities. Will "offroading" be part of your dead mortgage business? Whose am fn idiot again.

I could go on but I'm just a fn idiot and my Aunt isn't my CPA so I shouldn't trust she has my legal best interest at heart.

So yeah, you're a liar who chooses to dish way too personal Information about your income and shady IRS practices, etc. But I'm an idiot so don't pay attention to me. 😃😃👍


- Jason

Vettethret
09-15-2014, 03:28 AM
You specifically stated that your dealer was going to put the mods into your lease payment, and you intend to take a deduction for the lease payment. Are you now saying that your CPA will deduct the mods from the lease amount for the purpose of doing your taxes? Bullshit!

Your entire reason for the method of financing you have chosen is to pass the mods through your business. You said so. Don't change your story now.

Can't say I'm surprised that you were a mortgage broker.

WTF are you talking about man? I said I was deducting THE PAYMENTS AND MILEAGE!

Vettethret
09-15-2014, 03:30 AM
No, it's not. When you artificially increase the amount of the lease payments by modding out the vehicle, you are gaming the system.

Hell, if you work in an office and are writing off your lease at all, or are deducting miles for your "to and from" work, you are probably already violating tax code.

Edit: And I'm sure you and your CPA properly account for the fact you drive this "business vehicle" on the weekends and after business hours.

:naw:

You got me big guy, you've figured out my whole scheme that I've been planning for years now. I'll guess I have to go back to the drawing board!~

jims68
09-15-2014, 03:31 AM
No, it's not. When you artificially increase the amount of the lease payments by modding out the vehicle, you are gaming the system.

Hell, if you work in an office and are writing off your lease at all, or are deducting miles for your to and from to work, you are probably already violating tax code.

As Sharkey just stated very bad territory you are venturing. What my tax lady told me was book value unless mods are directly needed for your job and that is subjective to the IRS. On top of if you wander into this gray area to far that will set a red flag on your return. But what do I know, one of my co-workers writes a $1000 of printer ink off each year and doesn't have a printer capable of doing this printing 8 hours a day! That is part of our systems problem, honesty isn't rewarded any more and everyone is doing it seems to be the norm!

Vettethret
09-15-2014, 03:38 AM
You can not write off a lease payment unless the vehicles sole purpose is to conduct business related activities. Since your business is "DEAD" you have no business travel. Who's an fn idiot again.

Additionally, you can only write off the percentage of payment in which it is used for business activities. Will "offroading" be part of your dead mortgage business? Whose am fn idiot again.

I could go on but I'm just a fn idiot and my Aunt isn't my CPA so I shouldn't trust she has my legal best interest at heart.

So yeah, you're a liar who chooses to dish way too personal Information about your income and shady IRS practices, etc. But I'm an idiot so don't pay attention to me. 


- Jason

OK, so lets say I call my CPA tomorrow and I'm wrong (And after all these replies, maybe I am), and I cant write off the lease. My post was about which lift would be better, RK OR TERA. Only one person answered with anything remotely helpful. Everything else I got was an insult (I'm a liar, I'm skating the system etc). You know, I've noticed on this board that if your not in "The Clique" that your some kind of outsider and people are more inclined to talk shit and look down on you because you're not one of the boys? That's too bad, the one time I did go out with the group I had a blast!

Vettethret
09-15-2014, 03:40 AM
As Sharkey just stated very bad territory you are venturing. What my tax lady told me was book value unless mods are directly needed for your job and that is subjective to the IRS. On top of if you wander into this gray area to far that will set a red flag on your return. But what do I know, one of my co-workers writes a $1000 of printer ink off each year and doesn't have a printer capable of doing this printing 8 hours a day! That is part of our systems problem, honesty isn't rewarded any more and everyone is doing it seems to be the norm!

Thanks Jim, I am calling my CPA tomorrow to make sure I have my story straight. I do specifically remember him telling me my next car to get a lease. It was two years ago he told me this so I may have my facts wrong.:thumb:

ridg3runner
09-15-2014, 03:46 AM
IN RELATED NEWS: Big screen TV recovered from FallenHeroesJeep100219

jims68
09-15-2014, 03:51 AM
Thanks Jim, I am calling my CPA tomorrow to make sure I have my story straight. I do specifically remember him telling me my next car to get a lease. It was two years ago he told me this so I may have my facts wrong.:thumb:

Hey just saying IRS won't care what you, I or your financial professional said. They will just want there fair share, and that is sure subjective!

JAGS
09-15-2014, 03:55 AM
OK, so lets say I call my CPA tomorrow and I'm wrong (And after all these replies, maybe I am), and I cant write off the lease. My post was about which lift would be better, RK OR TERA. Only one person answered with anything remotely helpful. Everything else I got was an insult (I'm a liar, I'm skating the system etc). You know, I've noticed on this board that if your not in "The Clique" that your some kind of outsider and people are more inclined to talk shit and look down on you because you're not one of the boys? That's too bad, the one time I did go out with the group I had a blast!

I do believe I said I would not do any of the lifts through the dealer. Done.

I also said you could do COs for that budget. Do it right by saving a few bucks here an there and doing a little yourself.

If the only reason to do so is to dodge the IRS, then again, I would not finance mods through the dealership. You asked for opinions without noting what we could have opinions on. I don't care who it is, I'm not fond of shady people.


- Jason

JAGS
09-15-2014, 03:56 AM
IN RELATED NEWS: Big screen TV recovered from FallenHeroesJeep100219

Ha ha ha. That's awesome. 👍


- Jason

Sharkey
09-15-2014, 03:59 AM
WTF are you talking about man? I said I was deducting THE PAYMENTS AND MILEAGE!

Clearly you don't get it. I'll try to type slower and use simple math and numbers. Let's say the stock Jeep lease payment is $100 and you write off 75%. You get a $75 tax benefit.

Now let's say the modded out Jeep lease payment is $200 (again, because you had the mods built into your lease payment). If you write off 75%, you get a tax benefit of $150.

In scenario two, you are getting a tax benefit for mods that have nothing to do with your defunct mortgage company.

On top of that, you apparently intend to use a company that is no longer a going concern for the sole purpose of claiming a bullshit deduction on a vehicle that can't possibly be a necessity for that defunct company.

You seriously see no problem with what you are doing? Everyone has a different moral compass. I guess our respective "true Norths" point to different places.

Cliques? That's funny. If you knew me at all you would know that I am an equal opportunity asshole who calls it like I see it regardless of who you are. Have I lost some friends and made some enemies along the way because of it? Sure. Do I care? Not one effing bit.

Vettethret
09-15-2014, 04:04 AM
I do believe I said I would not do any of the lifts through the dealer. Done.

I also said you could do COs for that budget. Do it right by saving a few bucks here an there and doing a little yourself.

If the only reason to do so is to dodge the IRS, then again, I would not finance mods through the dealership. You asked for opinions without noting what we could have opinions on. I don't care who it is, I'm not fond of shady people.


- Jason

So I'm leasing a lifted Jeep for the sole purpose of dodging the IRS on a small deduction?

I cant do coil overs with all the supporting mods and wheels/tires for less than 15k. I have seen the dealers estimate and its no more than what any of the local shops would charge. I get a new car every 2 years, which is why I have leased most cars in the past. I walk away from the car after the 2-3 years and get a new one. If I was the type that kept my cars for 5+ years, I would never lease.

I am specifically leasing the Jeep so I don't have to shell out a ton of money to buy/mod it. I can put 5k down, have a payment of $740, and have a very capable Jeep thats 90% done and the way I like it. Since the Mods on the Jeep belong to the leasing company, I don't have to worry about stripping it or selling it, I simply turn it in and walk away and go buy a new one. I sold my GC so I am car less and have to buy something. Whether I can deduct it or not, Tell me why this is such a bad idea?

jims68
09-15-2014, 04:05 AM
Careful Sharkey your going to blow a fan belt! Damn thats old school, I meant an alternator belt!

cozdude
09-15-2014, 04:06 AM
The one thing you NEVER wanna do with a lease is put money down. Your basically throwing them extra money and it profit. Only put down money when you go to purchase.

Vettethret
09-15-2014, 04:08 AM
Clearly you don't get it. I'll try to type slower and use simple math and numbers. Let's say the stock Jeep lease payment is $100 and you write off 75%. You get a $75 tax benefit.

Now let's say the modded out Jeep lease payment is $200 (again, because you had the mods built into your lease payment). If you write off 75%, you get a tax benefit of $150.

In scenario two, you are getting a tax benefit for mods that have nothing to do with your defunct mortgage company.

On top of that, you apparently intend to use a company that is no longer a going concern for the sole purpose of claiming a bullshit deduction on a vehicle that can't possibly be a necessity for that defunct company.

You seriously see no problem with what you are doing? Everyone has a different moral compass. I guess our respective "true Norths" point to different places.

Cliques? That's funny. If you knew me at all you would know that I am an equal opportunity asshole who calls it like I see it regardless of who you are. Have I lost some friends and made some enemies along the way because of it? Sure. Do I care? Not one effing bit.

Since you have actually broken it down, yes, I do see it now. So, I can still deduct it, but only at the lease payment that does not include the mods (Not sure how the CPA would differentiate that payment). Whether I can deduct it or not, The fact that I can residualize the mods and keep 15k in my pocket, that is what the benefit for me is. Now that I actually understand what you were trying to tell me, I will make sure my CPA knows this, thanks!

Vettethret
09-15-2014, 04:09 AM
The one thing you NEVER wanna do with a lease is put money down. Your basically throwing them extra money and it profit. Only put down money when you go to purchase.

I actually threw out the 5k to them so I could keep the payment reasonable, I will ask if zero down is possible since were financing the extra mods.

MTG
09-15-2014, 04:24 AM
Just curious... If you're looking for a new career at 40, why would you take on a $740/mo lease payment? :idontknow:

Vettethret
09-15-2014, 04:35 AM
Just curious... If you're looking for a new career at 40, why would you take on a $740/mo lease payment? :idontknow:

$740 is a very affordable payment for me. I typically have two cars and 1 race bike at any given time, I've sold all of them so my payments are going down dramatically. Ive been a broker for 18 years and have always had a small company. I get referrals monthly from Realtors ect so I will still do Mortgages. I am trying to get my income back up to what it was so i'm now looking for something as my main job. The Treasury has gotten very ugly and the Fed will raise rates shortly. I am anticipating a drop in referrals on both the purchase and refi sides. I need an SUV for my dogs, and the Jeep is one of the most affordable mid size SUV's. Hence, the Jeep or a 4runner.

Stalter08Rubi
09-15-2014, 04:38 AM
I dont see why you are putting all this money into a Jeep you plan on getting rid of in 2 years, if you can afford 740 a month for a lease why don't you just buy one to turn into a BA wheeling rig and lease something less expensive for your business? It seems kinda pointless to dump tons of money into a vehicle and getting it to where it is yours just to get rid of it in 2 years... just my:twocents:

JAGS
09-15-2014, 04:38 AM
So I'm leasing a lifted Jeep for the sole purpose of dodging the IRS on a small deduction?

I cant do coil overs with all the supporting mods and wheels/tires for less than 15k. I have seen the dealers estimate and its no more than what any of the local shops would charge. I get a new car every 2 years, which is why I have leased most cars in the past. I walk away from the car after the 2-3 years and get a new one. If I was the type that kept my cars for 5+ years, I would never lease.

I am specifically leasing the Jeep so I don't have to shell out a ton of money to buy/mod it. I can put 5k down, have a payment of $740, and have a very capable Jeep thats 90% done and the way I like it. Since the Mods on the Jeep belong to the leasing company, I don't have to worry about stripping it or selling it, I simply turn it in and walk away and go buy a new one. I sold my GC so I am car less and have to buy something. Whether I can deduct it or not, Tell me why this is such a bad idea?

Way too much going on in this post/thread. Why not just go with a 4" enforcer with king 2.5s, king bumps stops, gen right carrier, your wheel/tires, and be done. Well in budget and much better mall crawler and trail capable than the TF or RK.

As for the financing, whatever, I think you're missing the point and reasons for all the posts thus far. It's just super shady because I don't know how it is possible to use the vehicle for the sole purpose of a business no longer in operation. Second, even if your business was still open, you can't simply write off 100% of it....ever...if you plan to use it as also your personal vehicle. That's just tax law and your CPA is giving you bad counsel.


- Jason

MTG
09-15-2014, 04:43 AM
$740 is a very affordable payment for me. I typically have...blah, blah, blah...

So the woe is me stuff at the beginning of this thread and the stuff about your wife losing her $100k+ income was just superfluous information?

I'm pretty sure I remember you from another forum and your bitching about various things that went wrong with your previous jeep build.

Honestly you don't seem like a guy who is easily satisfied. Maybe you should just wait until you can afford another $20k+ build?

JAGS
09-15-2014, 04:55 AM
So the woe is me stuff at the beginning of this thread and the stuff about your wife losing her $100k+ income was just superfluous information?

I'm pretty sure I remember you from another forum and your bitching about various things that went wrong with your previous jeep build.

Honestly you don't seem like a guy who is easily satisfied. Maybe you should just wait until you can afford another $20k+ build?

Was thinking the same thing and forgot to mention in my post.

Just a too much financial info being shared freely on the web for my tastes.


- Jason

Vettethret
09-15-2014, 05:04 AM
So the woe is me stuff at the beginning of this thread and the stuff about your wife losing her $100k+ income was just superfluous information?

I'm pretty sure I remember you from another forum and your bitching about various things that went wrong with your previous jeep build.

Honestly you don't seem like a guy who is easily satisfied. Maybe you should just wait until you can afford another $20k+ build?

Get your shit straight, my wife lost her job 3 months ago, I didn't say shit about it in this thread did I? I don't what you saw on another thread but the only lift ive been unhappy with was my AEV, is that cool with you?

CanadianJK
09-15-2014, 05:05 AM
Actual advice at the bottom, rant first :thumb:


You know, I've noticed on this board that if your not in "The Clique" that your some kind of outsider and people are more inclined to talk shit and look down on you because you're not one of the boys?

FWIW, I think you're selling the group short. There are a lot of guys here that go out of their way to help anyone who asks. Your initial post was really difficult to follow, and there are a lot of guys on here that hold integrity as a top value. When you ask for opinions, but in the next breath say you are going with a very specific plan you really aren't asking for opinions. The crowd that you should be more aware of are hard working individuals that resent people cheating. Whether your intent was to cheat, or it was just (no offence) ignorance, is irrelevant, you managed to ruffle some feathers.

^Yes I apologize in the middle of statements, I'm Canadian, sorry!

The best advice that was offered was to save yourself a great deal of $ and not let the dealer mod the rig, I cannot imagine a payment of $740/mo :shock:

Furthermore, once you started interacting with some of the "clique" I think they offered some good advice:


Since you have actually broken it down, yes, I do see it now. So, I can still deduct it, but only at the lease payment that does not include the mods (Not sure how the CPA would differentiate that payment). Whether I can deduct it or not, The fact that I can residualize the mods and keep 15k in my pocket, that is what the benefit for me is. Now that I actually understand what you were trying to tell me, I will make sure my CPA knows this, thanks!

If your CPA is worth their pay check you will see something where the value of the vehicle before mods etc is broken down into a revised payment (let's say $600) then your actual business use of the vehicle = 5,000 miles/year out of 15,000 miles will be represented as a fraction of annual mileage (will need to be proven if the taxman asks!) = $200/month in claimable lease payment. ***This is obviously just speculation, and I'm not a CPA.

Anyone can claim a vehicle - that's why governments pay attention to details. Leases are easiest for small businesses, if you buy you can claim a % of the total value in the first year as depreciation - most people can't take advantage of the full amount because there's a maximum you can claim.

Kudos to Tigrcky for attempting to deescalate. - let's keep it positive


He is also a mod and long time member so show some respect why don't you! Besides only I can call him that

Sent from my whatchamacallit

My 0.02 - You want coil overs, and have 12.5 to get them, cut out the dealer, and get the COs after the purchase. you already talked them down 4k, keep your 5k, add your reduced payments and a few months buys parts.

Good Luck.

Vettethret
09-15-2014, 05:05 AM
Was thinking the same thing and forgot to mention in my post.

Just a too much financial info being shared freely on the web for my tastes.


- Jason

Go get a cloth and wipe your Vag.

Vettethret
09-15-2014, 05:12 AM
So the woe is me stuff at the beginning of this thread and the stuff about your wife losing her $100k+ income was just superfluous information?

I'm pretty sure I remember you from another forum and your bitching about various things that went wrong with your previous jeep build.

Honestly you don't seem like a guy who is easily satisfied. Maybe you should just wait until you can afford another $20k+ build?

Whats the problem Dickhead? My wife did lose her job for two months, and got a new one, that's why I'm buying now. Some of you guys are real fucking cock suckers. Have fun blowing Eddie on the trails!

ridg3runner
09-15-2014, 05:20 AM
Whats the problem Dickhead? My wife did lose her job for two months, and got a new one, that's why I'm buying now. Some of you guys are real fucking cock suckers. Have fun blowing Eddie on the trails!

The problem is tools like you coming on here sharing freely all your personal issues then when you get your little girly feelers hurt you instantly have something bad to say towards Eddie or others on this forum. Does that somehow justify your pathetic existence?

MTG
09-15-2014, 05:23 AM
Get your shit straight, my wife lost her job 3 months ago, I didn't say shit about it in this thread did I? I don't what you saw on another thread but the only lift ive been unhappy with was my AEV, is that cool with you?

I didn't say it was in this thread did I genius? But nevertheless you did post it didn't you?

It's been a while, but I'm pretty sure you were bitching about your ride quality and trying to blame ORE for not fixing it 100%...when they weren't even the shop that installed the lift. But that's not the point really.

I don't really care what lift you run to be honest. I just think you're the type of guy that won't be satisfied unless he has the best. Plus a man of your affluence deserves nothing less. :thumb:

Nice edit:

Whats the problem Dickhead? My wife did lose her job for two months, and got a new one, that's why I'm buying now. Some of you guys are real fucking cock suckers. Have fun blowing Eddie on the trails!

For a person who claims to be trying to be a better christian, you sure seem angry and swear a lot. Just sayin'

Edit: You actually didn't edit your post, you took the time to respond to me twice with such affection. :blush:

David1tontj
09-15-2014, 05:28 AM
Well my plan was to build a 15 JK with the slabs and ORE coil overs I've wanted on my last two Jeeps. My problem is the industry that I've been in the last 19 years and have made quite a bit of money at is DEAD (Nothing like starting over at 40) and I am looking for a new career at this point, therefore I cant do another 20+k build. I was SERIOUSLY considering getting a 15 4runner trail and lifting it on 35's (6K and done), but I'm not a Toyota guy and the 4runner isn't the best looking vehicle around. My CPA has been telling me for years to lease to help me with my taxes (Outside of jeeps I've always leased and either sold the modified car or parted it out and sold).

Fast forward to today. I've got a dealer that will give me 4k off sticker on a Rubi X and let me finance 12.5 worth of parts into the lease (Hence why coil overs and slabs are out). I am looking for opinions on two lifts. The Teraflex 6" Long Arm or the Rock Krawler 5.5" Long Arm. I've seen the issue with the broken brackets with Teraflex, but it looks like they've re-designed it. I ran the RK 5.5 MID ARM (They only sell the long arm now at this height) on my 13 Rubicon and was overall happy with it (Ride could have been a little better but still a solid lift). I've always run bigger lifts on my rig (Personal preference) so a 4" lift will not work for me (Again, personal preference). Any suggestions between these two lifts, or maybe another bigger lift I am not seeing? My understanding is that RK developed new springs that may give a better ride. My build parts are below. I would love to hear suggestions other than running a smaller lift (My little mans complex wont allow it). I do wheel the moderate trails and have run 38's on my last 3 rigs, so that tire choice wont change. Any opinions would be appreciated.

The build-

Tera 6" Long Arm or RK 5.5" Long Arm)
20x10 Moto metal wheels
38x15.5x20 Nitto Mud Grapplers
JE Reel 1350 Drive shafts
King 2.5 Resi shocks
ORE Sliders

Maybe spend a little more and get the bolt on Coilovers? Even if you have to pay a little bit cash (not included in the 12.5 financed) In your situation, at least you could just easily unbolt them when the lease is up.


My ride- 2001 power wheel, 11" plastic tires, upgraded battery, boat sides, custom bumpers, tow hooks, new paint.

GCM 2
09-15-2014, 05:32 AM
So the woe is me stuff at the beginning of this thread and the stuff about your wife losing her $100k+ income was just superfluous information?

I'm pretty sure I remember you from another forum and your bitching about various things that went wrong with your previous jeep build.

Honestly you don't seem like a guy who is easily satisfied. Maybe you should just wait until you can afford another $20k+ build?

I remember this guy too, same types of thread as the ones he posted before. Always having champagne dreams on a malt liquor budget. Looking cool every year in a new model year Jeep, that is slightly modified takes dedication and ain't easy! Living beyond your means to continue looking cool every year apparently takes lots of practice to pull off.

JAGS
09-15-2014, 05:40 AM
Go get a cloth and wipe your Vag.

I thought I was pretty specific. Why would I need a cloth to wipe my vagueness. I'm sure that's what you meant, that I was somehow being vague. ???

For someone starting a thread asking for opinions, you sure get belligerent when people give them. Is this your basic roid rage? Stressed at home as maybe the wife is too busy with the new job to give you a hand?

Like I said, its just a LOT of personal information you are continually sharing. I called you a liar because you were lying on your taxes, but I didnt bring the foul language. Why not man up and have a civil dispute. Or maybe they didn't teach you that skill in the brokerage certificate program?


- Jason

ttfhell
09-15-2014, 05:47 AM
Whats the problem Dickhead? My wife did lose her job for two months, and got a new one, that's why I'm buying now. Some of you guys are real fucking cock suckers. Have fun blowing Eddie on the trails!How did Eddie get involved? As you will never be on a trail I guess you will miss out on the fun.

MTG
09-15-2014, 05:47 AM
I remember this guy too, same types of thread as the ones he posted before. Always having champagne dreams on a malt liquor budget. Looking cool every year in a new model year Jeep, that is slightly modified takes dedication and ain't easy! Living beyond your means to continue looking cool every year apparently takes lots of practice to pull off.

Glad I wasn't the only one that remembered this guy. :crazyeyes:

How you doing?

JAGS
09-15-2014, 05:56 AM
Actual advice at the bottom, rant first :thumb:



FWIW, I think you're selling the group short. There are a lot of guys here that go out of their way to help anyone who asks. Your initial post was really difficult to follow, and there are a lot of guys on here that hold integrity as a top value. When you ask for opinions, but in the next breath say you are going with a very specific plan you really aren't asking for opinions. The crowd that you should be more aware of are hard working individuals that resent people cheating. Whether your intent was to cheat, or it was just (no offence) ignorance, is irrelevant, you managed to ruffle some feathers.

^Yes I apologize in the middle of statements, I'm Canadian, sorry!

The best advice that was offered was to save yourself a great deal of $ and not let the dealer mod the rig, I cannot imagine a payment of $740/mo :shock:

Furthermore, once you started interacting with some of the "clique" I think they offered some good advice:



If your CPA is worth their pay check you will see something where the value of the vehicle before mods etc is broken down into a revised payment (let's say $600) then your actual business use of the vehicle = 5,000 miles/year out of 15,000 miles will be represented as a fraction of annual mileage (will need to be proven if the taxman asks!) = $200/month in claimable lease payment. ***This is obviously just speculation, and I'm not a CPA.

Anyone can claim a vehicle - that's why governments pay attention to details. Leases are easiest for small businesses, if you buy you can claim a % of the total value in the first year as depreciation - most people can't take advantage of the full amount because there's a maximum you can claim.

Kudos to Tigrcky for attempting to deescalate. - let's keep it positive



My 0.02 - You want coil overs, and have 12.5 to get them, cut out the dealer, and get the COs after the purchase. you already talked them down 4k, keep your 5k, add your reduced payments and a few months buys parts.

Good Luck.

Naw, then he couldn't write off the whole payment and falsify his tax return. What fun would that be.

Plus, this guy is a high roller. So $740 is nothing. Let alone 5k on a 2yr lease. He's what salespeople call a sucker. Been around the car business long enough to know. He also doesn't want to touch his 100 bottles of liquid smoke. And his wife lost her job than found one. And his business is dead, but he's going to use it to write off 100% of a lease jeep. He sold his other possessions. Needs an "SUV" for his dogs.

How do I know these things? He shared them freely on the open interwebs with all of us clique people he seemingly hates so much. But what do I know, I'm just a Fn idiot. 😉😂😂👍


- Jason

Tigrcky
09-15-2014, 06:53 AM
Love the title!! Can I have one of your 20 thousand jeeps??

Sent from my whatchamacallit

OverlanderJK
09-15-2014, 07:22 AM
Here goes nothing,




I told the wife I wanted to thow my SRT on swap a lease and buy another Rubicon (It would be my third built one in 3 years), and lets just say she wasnt pleased, AT ALL! The SRT jeep is a computer on 4 wheels, cost 72k and Brakes/Handles like a Viper, and yet I want another Rubicon!

72k huh?


I seriously have a deep rooted Sickness that costs me THOUSANDS on dollars and keeps me broke. I was thinking about holding on for the new 16/17 Rubicon but cant wait. If I can dump the SRT, I will build a Rubicon with EVO gear this time around. The three times I went out wheeling was some of the most fun Ive ever had and could defintiley see how well the Coil overs worked. Man I am a complete Douche, this is going to get REAL expensive!


Costs you THOUSANDS with capital letters? Must be expensive. :eek:


The funny thing is, she has no idea how much I spent buidling the 1st two rigs, I'm pretty sure she would Divorce me if she knew! When I told her I was going to build another Rubicon and get my 5th new Car in 4 years, she called me a "Fucking IDIOT":crazyeyes:

But you're "liquid for 100k"! What's a couple "THOUSAND" in jeep mods? :crazyeyes:


Idont know man, the wife makes 155k a year, gotta keep that around!:yup:

Make sure you don't throw your money around. But how much does she make? :thinking:


My first round of mods will be 18k

Badass! You must liquid at least 100k!


phase one of the build (It will be almost 20k).

How much you say?


There's 140k a year gone!

Wait a minute, I thought she made $155k a year? 15k difference would be your double throw down.


Ive already priced out the first round of mods and its a down payment on a house in Garden Grove!:brows:

That must be what, 18-20k in mods?


MY 1100 HP Viper had less into it!!!

Wow that must have been expensive!!


Man I am a complete Douche

This pretty much sums it up.

OverlanderJK
09-15-2014, 07:24 AM
Whats the problem Dickhead? My wife did lose her job for two months, and got a new one, that's why I'm buying now. Some of you guys are real fucking cock suckers. Have fun blowing Eddie on the trails!

What does Eddie have to do with any of this? Is that your way of ending a conversation after getting caught in lies and acting like a douche nozzle?

JaySC
09-15-2014, 08:30 AM
Here goes nothing,



72k huh?



Costs you THOUSANDS with capital letters? Must be expensive. :eek:



But you're "liquid for 100k"! What's a couple "THOUSAND" in jeep mods? :crazyeyes:



Make sure you don't throw your money around. But how much does she make? :thinking:



Badass! You must liquid at least 100k!



How much you say?



Wait a minute, I thought she made $155k a year? 15k difference would be your double throw down.



That must be what, 18-20k in mods?



Wow that must have been expensive!!



This pretty much sums it up.


Hmm....seems legit lol. :naw:

olram30
09-15-2014, 12:52 PM
Still wondering what Eddie has to do with this and why oral sex is involved?

pastorwug
09-15-2014, 01:04 PM
Why not just go out and lease one of those goofy-ass Starwood Jeeps with all the "trail-ready" mods already padded on?
Ebay is full of them every day.

cozdude
09-15-2014, 01:04 PM
Still wondering what Eddie has to do with this and why oral sex is involved?

and im still wondering why he wants to put down 5k on a lease? guess he likes throwing 5k away :idontknow:

olram30
09-15-2014, 01:05 PM
and im still wondering why he wants to put down 5k on a lease? guess he likes throwing 5k away :idontknow:

More money than brains..

cozdude
09-15-2014, 01:08 PM
More money than brains..

yup! just cause he has money doesnt mean he knows how to spend it right. :grayno:

GCM 2
09-15-2014, 01:21 PM
Glad I wasn't the only one that remembered this guy. :crazyeyes:

How you doing?

I am doing great over here! Thanks for asking by the way :thumb:

However, I don't usually participate in these types of worthless threads, but I never did like this guy. He always had this flakey air about him and his 'Jeep' build with questions before he upgraded to "ProRock this...." and "Double Throw Down that". He just never seemed genuine, like someone that was just into this for the image of being an "offroader". I believe on JKF his avatar was a C6 Z06 for a long time :thinking: He reminds me of another guy on here too :dont_tell:

The only reason I responded to this thread in the first place was his after his original post he just started blabbing about some weird obvious unethical business scheme to hide cost within a company (and I also like replying to your posts). Why would anyone in their right mind disclose that much private life information on an open Jeep forum??? Why not just ask the simple question about which was the better lift and leave it at that? All the financial details he included was just really odd. But that is what most classically narcissistic people do, love to talk about themselves and how much they have and how important or how smart they are.

Just another sad case of someone who tries so hard to fit into a group, that they ruin it for themselves. :grayno:

wayoflife
09-15-2014, 02:16 PM
Whats the problem Dickhead? My wife did lose her job for two months, and got a new one, that's why I'm buying now. Some of you guys are real fucking cock suckers. Have fun blowing Eddie on the trails!

I just started catching up on this thread for the first time and see that I'm already getting hated on :cheesy:

Tigrcky
09-15-2014, 02:48 PM
I just started catching up on this thread for the first time and see that I'm already getting hated on :cheesy:

It's probably cause you ain't liquid! Lmao!!! :cheesy: how are ya ?

Sent from my whatchamacallit

StrizzyChris
09-15-2014, 03:35 PM
EBT+Teraflex=100202100203



Can't say I'm surprised that you were a mortgage broker.

:cheesy:


Go get a cloth and wipe your Vag.

Coming from the guy crying because "everyone's pointing out my flawed character and not advice on a cheap12" Chinese lift"

ridg3runner
09-15-2014, 03:43 PM
Maybe I'm a bit old fashioned, but I'm pretty sure I wouldn't be bragging about how much money my wife makes, especially if she makes a hell of a lot more than me. That's a good way to invite Sancho into your life :yup:

Vettethret
09-15-2014, 03:47 PM
I just started catching up on this thread for the first time and see that I'm already getting hated on :cheesy:

Not at all Eddie (That was geared towards someone else, I shouldn't have even brought your name up) . Going through my post this morning, I do want to apologize to the board for name calling. I didn't expect to be attacked and be called a crook when I'm not, but irregardless, the way I reacted and responded is unacceptable. Calling someone a Dickhead or Asshole is beyond immature, I should have handled it in a much different way. For what its worth I'm I am sorry for my posts.

Vettethret
09-15-2014, 03:48 PM
I am doing great over here! Thanks for asking by the way :thumb:

However, I don't usually participate in these types of worthless threads, but I never did like this guy. He always had this flakey air about him and his 'Jeep' build with questions before he upgraded to "ProRock this...." and "Double Throw Down that". He just never seemed genuine, like someone that was just into this for the image of being an "offroader". I believe on JKF his avatar was a C6 Z06 for a long time :thinking: He reminds me of another guy on here too :dont_tell:

The only reason I responded to this thread in the first place was his after his original post he just started blabbing about some weird obvious unethical business scheme to hide cost within a company (and I also like replying to your posts). Why would anyone in their right mind disclose that much private life information on an open Jeep forum??? Why not just ask the simple question about which was the better lift and leave it at that? All the financial details he included was just really odd. But that is what most classically narcissistic people do, love to talk about themselves and how much they have and how important or how smart they are.

Just another sad case of someone who tries so hard to fit into a group, that they ruin it for themselves. :grayno:

My avatar has always been Vettethret, its never been C6ZO6.

10frank9
09-15-2014, 03:53 PM
My avatar has always been Vettethret, its never been C6ZO6.

He said avatar, not screen name. But "irregardless. " LMAO

NAUJK
09-15-2014, 04:01 PM
Not at all Eddie (That was geared towards someone else, I shouldn't have even brought your name up) . Going through my post this morning, I do want to apologize to the board for name calling. I didn't expect to be attacked and be called a crook when I'm not, but irregardless, the way I reacted and responded is unacceptable. Calling someone a Dickhead or Asshole is beyond immature, I should have handled it in a much different way. For what its worth I'm I am sorry for my posts.

This whole thread has been very sketchy to me.... so I didn't want to post but... This this I couldn't ignore.

Dude you're so far in the hole it's to late to apologize and be sorry for what you said. You're in so deep you can't get out. :asshat:

Robar
09-15-2014, 04:22 PM
Still wondering what Eddie has to do with this and why oral sex is involved?
Every good drama needs to have a sex scene. :drama:


I am doing great over here! Thanks for asking by the way :thumb:

However, I don't usually participate in these types of worthless threads, but I never did like this guy. He always had this flakey air about him and his 'Jeep' build with questions before he upgraded to "ProRock this...." and "Double Throw Down that". He just never seemed genuine, like someone that was just into this for the image of being an "offroader". I believe on JKF his avatar was a C6 Z06 for a long time :thinking: He reminds me of another guy on here too :dont_tell:

The only reason I responded to this thread in the first place was his after his original post he just started blabbing about some weird obvious unethical business scheme to hide cost within a company (and I also like replying to your posts). Why would anyone in their right mind disclose that much private life information on an open Jeep forum??? Why not just ask the simple question about which was the better lift and leave it at that? All the financial details he included was just really odd. But that is what most classically narcissistic people do, love to talk about themselves and how much they have and how important or how smart they are.

Just another sad case of someone who tries so hard to fit into a group, that they ruin it for themselves. :grayno:


My avatar has always been Vettethret, its never been C6ZO6.
Wow. That's all you got out of that. :thinking:

ridg3runner
09-15-2014, 04:24 PM
This whole thread has been very sketchy to me.... so I didn't want to post but... This this I couldn't ignore.

Dude you're so far in the hole it's to late to apologize and be sorry for what you said. You're in so deep you can't get out. :asshat:

^^This^^ and you've had issues on here before. Oh, and let's not forget you can't hardly type a sentence without it including at least one cuss word in it, yeah that real mature.

bkac
09-15-2014, 04:30 PM
^^This^^ Oh, and let's not forget you can't hardly type a sentence without it including at least one cuss word in it, yeah that real mature.

Doesn't that make you sound more "Badass"... Idk. :rolleyes:

Sent from my VS980 4G using WAYALIFE mobile app

ridg3runner
09-15-2014, 04:37 PM
Doesn't that make you sound more "Dumbass"... Idk. :rolleyes:

Sent from my VS980 4G using WAYALIFE mobile app

Couldn't stop myself, had to fix it for you, lol

olram30
09-15-2014, 04:44 PM
Lmfao! "Enjoy sucking Eddie's dick"
Next it's, "sorry Eddie, that was geared toward someone else"
That right there is pure comedy!

TheDuff
09-15-2014, 04:57 PM
This dude makes me sick. More money then brains. Tax scam scheme aside: Why build a jeep if your going to turning it back in... 2-3 years isn't very long. And why spend so much on a jeep your not gonna wheel? Why are you such a prick? I have all these questions on top of wanting to let you know that no matter how "sick" Your rig is, I'll still think your a complete tool. Have a nice day.

Sent from my LG-D800 using WAYALIFE mobile app

TheDuff
09-15-2014, 05:01 PM
Avatar= Picture, graphic, cartoon, cave drawing associated with your user name, and is typically positioned directly below you username (see below).

Username= Vettethret, the name you have chosen for your identity and typically positioned directly above your Avatar (see above)

My apologies if I was not clear in using more specific, defining technical terms in my previous post describing just one of the ways I remembered you.
Although your description was excellent and may be found useful to someone else reading this tread, I'm pretty certain this guy won't get anything out of it:rolleyes: you may get called something not very nice for trying to be helpful, so brace yourself!


Sent from my LG-D800 using WAYALIFE mobile app

10frank9
09-15-2014, 05:03 PM
The part that gets me is this dude doesn't see any issue in writing off his Jeep lease (with or without) mods. This is a clear lack of integrity. There are some things I cannot overlook and a person who shows a blatant lack of integrity is one of them.

If I could bet most of us here are paying out share of taxes and feel like we are allowing the sick lame and lazy to reap the benefits of such. They sure as he'll don't mind abusing the system, YOU are no different.


:asshat:

GCM 2
09-15-2014, 05:06 PM
My avatar has always been Vettethret, its never been C6ZO6.

Avatar= Picture, graphic, cartoon, cave drawing associated with your user name, and is typically positioned directly below you username (see below).

Username= Vettethret, the name you have chosen for your identity and typically positioned directly above your Avatar (see above)

My apologies if I was not clear in using more specific, defining technical terms in my previous post describing just one of the ways I remembered you.

Edit: see below example of your JKF "username" and "avatar" in the event you have no idea what I am referring to

100277

10frank9
09-15-2014, 05:12 PM
Avatar= Picture, graphic, cartoon, cave drawing associated with your user name, and is typically positioned directly below you username (see below).

Username= Vettethret, the name you have chosen for your identity and typically positioned directly above your Avatar (see above)

My apologies if I was not clear in using more specific, defining technical terms in my previous post describing just one of the ways I remembered you.

Edit: see below example of your JKF "username" and "avatar" in the event you have no idea what I am referring to

100277

There is a breakdown in communication here sir. I think I know the problem. You possess moral values like, honesty and integrity, and humility. Just sayin'

Stalter08Rubi
09-15-2014, 05:49 PM
There is a breakdown in communication here sir. I think I know the problem. You possess moral values like, honesty and integrity, and humility. Just sayin'

Its sad to say that too many people are letting those values fall to the wayside these days...

Robar
09-15-2014, 05:52 PM
My avatar has always been Vettethret, its never been C6ZO6.


Avatar= Picture, graphic, cartoon, cave drawing associated with your user name, and is typically positioned directly below you username (see below).

Username= Vettethret, the name you have chosen for your identity and typically positioned directly above your Avatar (see above)

My apologies if I was not clear in using more specific, defining technical terms in my previous post describing just one of the ways I remembered you.

Edit: see below example of your JKF "username" and "avatar" in the event you have no idea what I am referring to

100277

This is a clear fabrication. Someone of his integrity would never lie about an internet avatar. :cheesy:

JAGS
09-15-2014, 06:01 PM
There is a breakdown in communication here sir. I think I know the problem. You possess moral values like, honesty and integrity, and humility. Just sayin'

The sad thing is that people who don't live these qualities have no clue. And they generally have no problems back stabbing others for their own benefit/amusement. I say this from experience as I've seen it happen and have been the target in the business setting as well. But what do I know...I'm just Fn IDIOT according to some. :naw:

Tigrcky
09-15-2014, 06:04 PM
I just donated some "liquid" in this guy's honor :cheesy:

Sent from my whatchamacallit

StrizzyChris
09-15-2014, 06:06 PM
I just donated some "liquid" in this guy's honor :cheesy:


Got the Hershey squirts?

Tigrcky
09-15-2014, 06:11 PM
Got the Hershey squirts?

No just lemon snowcone coloring :D

Sent from my whatchamacallit

noroad
09-15-2014, 06:22 PM
Ill just put this here!

cwmt3
09-15-2014, 06:27 PM
100k to be liquidized
Haha "irregardless" I do do not know what that means.

trailless
09-15-2014, 06:44 PM
Basically means that he can come up with $100k in a rather short period of time. By either having cash or being able to sell assets at market value.

Sent from my SCH-I545 using WAYALIFE mobile app

CanadianJK
09-15-2014, 06:57 PM
I can't believe he keeps coming back for more....

dwvninety
09-15-2014, 07:06 PM
100K he didn't say dollars or pesos. Still to spend 12.5k in mods on a Jeep that will be returned in 2 years seems ridiculous. As far as scamming the US tax code I am sure Uncle Sam will catch up to him.

cwmt3
09-15-2014, 07:14 PM
Basically means that he can come up with $100k in a rather short period of time. By either having cash or being able to sell assets at market value.

Sent from my SCH-I545 using WAYALIFE mobile app

That sounds stressful. Thanks for that clarification :-)

Sent from my C6616 using WAYALIFE mobile app

10frank9
09-15-2014, 07:22 PM
100k to be liquidized
Haha "irregardless" I do do not know what that means.

100306

Basically people who use "irregardless" are those who try to sound smart or educated when they really mean to use the word: regardless. :yup:

cwmt3
09-15-2014, 07:37 PM
Basically people who use "irregardless" are those who try to sound smart or educated when they really mean to use the word: regardless. :yup:

Like when my father drinks..

JayKay
09-16-2014, 12:27 AM
First off...the only people I know who lease a vehicle for business are people who use their vehicle for their business as far as towing, hauling, or frequent long distance driving. And I don't get the idea of leasing a vehicle period...to me, it's like renting it for 2 years.

Second...I have two dogs that I love, but in no way would I use them as an excuse to HAVE to pay $700+ on car payments. My two labs I used to have rode comfortably in the back seat of my PAID OFF Silverado.

Third...I plan to retire when I'm 60, VetteThret will die as a greeter at WalMart.

P.S. Don't trust a mortgage broker who drives a $40,000 Jeep, a $70,000+ C6 Corvette, and an 1100 HP Viper.

Armydog
09-16-2014, 02:06 AM
IN RELATED NEWS: Big screen TV recovered from FallenHeroesJeep100219

Fucking funny.....


Sent from my iPad using WAYALIFE mobile app.......

computeruser6
09-16-2014, 03:07 AM
So many post in less than twenty-eight hours. I wonder if Vettethret will come back? If he was actually interested in apologizing why not try to change the title of this thread?

Vettethret
09-16-2014, 04:47 AM
So many post in less than twenty-eight hours. I wonder if Vettethret will come back? If he was actually interested in apologizing why not try to change the title of this thread?

Im right here. I meant my apology for name calling and snapping at Overlander. Nothing else I can do at this point.

shadow21
09-16-2014, 05:44 AM
What I'm trying to understand is why have you leased the same vehicle 3+ times? It just sound stupid to me. You have had 3 or 4 builds of a JKU which were all leased and all modded out. Have you not figured out how retarded that sounds? This means that you have (based on info in this thread by you) spent 33,500+ in payments on JKU's that you don't own..... You could have bought a Rubicon and owned it out right and not lost your ass on all your mods.

Vettethret
09-16-2014, 06:01 AM
What I'm trying to understand is why have you leased the same vehicle 3+ times? It just sound stupid to me. You have had 3 or 4 builds of a JKU which were all leased and all modded out. Have you not figured out how retarded that sounds? This means that you have (based on info in this thread by you) spent 33,500+ in payments on JKU's that you don't own..... You could have bought a Rubicon and owned it out right and not lost your ass on all your mods.

????I have never leased any of my Rubicon.

shadow21
09-16-2014, 06:02 AM
????I have never leased any of my Rubicon.

Okay then I just read something wrong at some point. Sorry about that

ridg3runner
09-16-2014, 06:27 AM
Im right here. I meant my apology for name calling and snapping at Overlander. Nothing else I can do at this point.

Back for more attention I see.

blakeaz33
09-17-2014, 01:34 AM
Well that was a funny read - I need to check in here more often. Glad I'm finally getting the bugs worked out of the WiFi on my helicopter.

xflstl
09-17-2014, 11:46 AM
If you can deduct something like " mods" and gain the system, freaking go for it. We are over taxed as it is by corrupt politicians who spend our tax dollars on pet projects and purchasibg votes. If you can write it off and keep just a pinch more off your earned $ then go for it. !!!!!!

sean112280
09-17-2014, 12:02 PM
If you can deduct something like " mods" and gain the system, freaking go for it. We are over taxed as it is by corrupt politicians who spend our tax dollars on pet projects and purchasibg votes. If you can write it off and keep just a pinch more off your earned $ then go for it. !!!!!!

wow it's people like you with no integrity ruining it for the rest of us:grayno:

xflstl
09-17-2014, 12:11 PM
wow it's people like you with no integrity ruining it for the rest of us:grayno:
If you call paying into a corrupt system integrity, then yep im ruining it for everyone.... lol

The people that are screwing it up are the ones who dont work. The ones that only take. The ones with there hands out.
All hard working people deserve to keep much more of a % of there money than our tax code currently allows.
Personally im going to keep every red cent I can. Why should I give more of my money to the government only to watch them foolishly waste it? I can foolishly waste it myself without there help!!!!!!

Jackal01
09-17-2014, 12:16 PM
If you can deduct something like " mods" and gain the system, freaking go for it. We are over taxed as it is by corrupt politicians who spend our tax dollars on pet projects and purchasibg votes. If you can write it off and keep just a pinch more off your earned $ then go for it. !!!!!!

So answer me this: What is the difference in " Dan Mckeag formerly of Burnsville offroad" lying (about whatever he did to you) and you lying and cheating the system? Seems to me y'all would be best friends. You have a facebook page dedicated to negative publicity over a company/person that allegedly screwed you over.

There is no difference between the two of you (if he actually did what he allegedly did). A cheat is a cheat and a liar is a liar. No two ways about it.

Assbag.

Jackal01
09-17-2014, 12:20 PM
If you call paying into a corrupt system integrity, then yep im ruining it for everyone.... lol

The people that are screwing it up are the ones who dont work. The ones that only take. The ones with there hands out.
All hard working people deserve to keep much more of a % of there money than our tax code currently allows.
Personally im going to keep every red cent I can. Why should I give more of my money to the government only to watch them foolishly waste it? I can foolishly waste it myself without there help!!!!!!

Whatever you say, broham. :thumb:

xflstl
09-17-2014, 12:21 PM
So answer me this: What is the difference in " Dan Mckeag formerly of Burnsville offroad" lying (about whatever he did to you) and you lying and cheating the system? Seems to me y'all would be best friends. You have a facebook page dedicated to negative publicity over a company/person that allegedly screwed you over.

There is no difference between the two of you (if he actually did what he allegedly did). A cheat is a cheat and a liar is a liar. No two ways about it.

Assbag.
Reading comprehension, does this mean anything to you? Where did I state that I lied or cheated.

If there is a deduction that you can use, to pay less taxes do so... duh common sense.

jims68
09-17-2014, 01:51 PM
Reading comprehension, does this mean anything to you? Where did I state that I lied or cheated.

If there is a deduction that you can use, to pay less taxes do so... duh common sense.

I think what he is say here, correct me if I'm wrong, is if you knowingly take bad or false deductions is no different then screwing your customer, friend, neighbor or anyone else. Just because Joe does it doesn't make it right for you to do it. Yes we have corruption all over, some even written into law to make it seem moral but if we don't change our ways or put our foot down what makes us any different then how Russia is run right now or Cuba! I am not trying to push judgment here that is up to yourself. I'm just saying do unto others as you would do to yourself. I don't like being screwed so I will not intentionally screw anyone either! If its legal hey go for it! But I'm not headed to Denver to go smoke any dope either but its legal!

MR.Ty
09-17-2014, 02:13 PM
If you call paying into a corrupt system integrity, then yep im ruining it for everyone.... lol

The people that are screwing it up are the ones who dont work. The ones that only take. The ones with there hands out.
All hard working people deserve to keep much more of a % of there money than our tax code currently allows.
Personally im going to keep every red cent I can. Why should I give more of my money to the government only to watch them foolishly waste it? I can foolishly waste it myself without there help!!!!!!

If you think it is so corrupt, what have you done to change it? Other than justify tax fraud?

Loading please wait....

GCM 2
09-17-2014, 02:13 PM
I think what he is say here, correct me if I'm wrong, is if you knowingly take bad or false deductions is no different then screwing your customer, friend, neighbor or anyone else. Just because Joe does it doesn't make it right for you to do it. Yes we have corruption all over, some even written into law to make it seem moral but if we don't change our ways or put our foot down what makes us any different then how Russia is run right now or Cuba! I am not trying to push judgment here that is up to yourself. I'm just saying do unto others as you would do to yourself. I don't like being screwed so I will not intentionally screw anyone either! If its legal hey go for it! But I'm not headed to Denver to go smoke any dope either but its legal!

Winner, winner, chicken dinner! Some of us do share your ethics and morals

xflstl
09-17-2014, 02:52 PM
I think what he is say here, correct me if I'm wrong, is if you knowingly take bad or false deductions is no different then screwing your customer, friend, neighbor or anyone else. Just because Joe does it doesn't make it right for you to do it. Yes we have corruption all over, some even written into law to make it seem moral but if we don't change our ways or put our foot down what makes us any different then how Russia is run right now or Cuba! I am not trying to push judgment here that is up to yourself. I'm just saying do unto others as you would do to yourself. I don't like being screwed so I will not intentionally screw anyone either! If its legal hey go for it! But I'm not headed to Denver to go smoke any dope either but its legal!
Agreed........

xflstl
09-17-2014, 02:54 PM
If you think it is so corrupt, what have you done to change it? Other than justify tax fraud?

Loading please wait....
When did I justify tax fraud.

However the way our tax system is setup its pretty much run fraudulent from the get go.

jeeeep
09-17-2014, 03:00 PM
stop bumping this thread! I keep getting drawn into reading it and it's not even useful...

Ahh hell now see what you made me do :icon_crazy: :doh: :furious3:

SmokinV10
09-17-2014, 03:22 PM
If you can deduct something like " mods" and gain the system, freaking go for it. We are over taxed as it is by corrupt politicians who spend our tax dollars on pet projects and purchasibg votes. If you can write it off and keep just a pinch more off your earned $ then go for it. !!!!!!

The way I read this is that IF this is legal, then deduct it. I am 100000% in agreement that we have corrupt politicians who give our hard earned tax dollars to causes that are unconstitutional entitlements to the lazy. So if the ops statement is to pay only want is owed and not a dollar more, I am for it. The issue here is that the OP of this thread doesn't seem to be following the law. Not a single one of us can deduct 100% of a leased vehicle unless it is 100% utilized by the business. Compound that issue with mods and you have a shady area. (on an unrelated note, what I don't understand is how Realtors can legally deduct most of a $2K lease payment on a $100K Benz, but then again I am not a CPA and I don't know the limitations on those types of deductions in our tax code.)

As far as basic financial sense, WHY would you put $5K down on a lease? The initial "security deposit" on a lease is a bullshit charge that most can get out of. The rest is first month's payment (not always needed) and the rest is a Capitalized Cost Reduction. Basically you are putting an ass load down to reduce your payment. ASSUMING that this is a 36 mo lease, that $5K equates to roughly $200 a month. So for everyone's edification, this is roughly a $950 a month payment which would be close to the full boat 60 month payment term on purchasing a new Rubi X. Sure $12K is part of that but it seems that you have a LOW residual and you only have basic bank leasing terms. That doesn't seem like the best deal in the world. WHY Would you put that much money down on a lease? WHY would you finance...eerrr...LEASE all those mods on a car you have to give back? The economics on this don't make sense. There are times where leasing a rig is less expensive or makes more financial sense than purchasing. The ONLY cases for those are when the manufacturer artificially inflates the residual of the vehicle and drops the money factor so you get a near 0% interest rate and are making lease payments on a portion of a vehicle that outpaces depreciation. Your scenario doesn't make any sense. We all know that Jeep isn't doing any manufacturer sponsored lease incentives on Rubi X's. I don't know of any bank that is going to give you a great lease rate on your mods. I can only make sense of this for someone who is "frontin" or "living beyond your means".

DA RUNT
09-17-2014, 03:28 PM
Smokin, it's only possible to be 100% in agreement. Any percent higher than 100% has to be approved by the approving authority who wishes to remain anonymous.

MR.Ty
09-17-2014, 03:28 PM
When did I justify tax fraud.

However the way our tax system is setup its pretty much run fraudulent from the get go.

I apologize for the fraud comment. It was uncalled for and detracts from the first question.

Loading please wait....

Irish JK
09-17-2014, 03:35 PM
The way I read this is that IF this is legal, then deduct it. I am 100000% in agreement that we have corrupt politicians who give our hard earned tax dollars to causes that are unconstitutional entitlements to the lazy. So if the ops statement is to pay only want is owed and not a dollar more, I am for it. The issue here is that the OP of this thread doesn't seem to be following the law. Not a single one of us can deduct 100% of a leased vehicle unless it is 100% utilized by the business. Compound that issue with mods and you have a shady area. (on an unrelated note, what I don't understand is how Realtors can legally deduct most of a $2K lease payment on a $100K Benz, but then again I am not a CPA and I don't know the limitations on those types of deductions in our tax code.)

As far as basic financial sense, WHY would you put $5K down on a lease? The initial "security deposit" on a lease is a bullshit charge that most can get out of. The rest is first month's payment (not always needed) and the rest is a Capitalized Cost Reduction. Basically you are putting an ass load down to reduce your payment. ASSUMING that this is a 36 mo lease, that $5K equates to roughly $200 a month. So for everyone's edification, this is roughly a $950 a month payment which would be close to the full boat 60 month payment term on purchasing a new Rubi X. Sure $12K is part of that but it seems that you have a LOW residual and you only have basic bank leasing terms. That doesn't seem like the best deal in the world. WHY Would you put that much money down on a lease? WHY would you finance...eerrr...LEASE all those mods on a car you have to give back? The economics on this don't make sense. There are times where leasing a rig is less expensive or makes more financial sense than purchasing. The ONLY cases for those are when the manufacturer artificially inflates the residual of the vehicle and drops the money factor so you get a near 0% interest rate and are making lease payments on a portion of a vehicle that outpaces depreciation. Your scenario doesn't make any sense. We all know that Jeep isn't doing any manufacturer sponsored lease incentives on Rubi X's. I don't know of any bank that is going to give you a great lease rate on your mods. I can only make sense of this for someone who is "frontin" or "living beyond your means".

This :clap2:

Payment wise, yes this math doesn't add up at all. Especially on this type of vehicle that he intends to put mods into. Especially when you could walk into a dealer right now, get a '14 at near invoice with $0 down with 72 month financing at less than 2% (with good history).

olram30
09-17-2014, 03:39 PM
I'm still wondering why this is in jeep tech instead of the pub?

wayoflife
09-17-2014, 03:42 PM
I'm still wondering why this is in jeep tech instead of the pub?

Been out of town with limited internet access so I'm just catching up with this now. You're right, I'm moving it now.

olram30
09-17-2014, 03:43 PM
Been out of town with limited internet access so I'm just catching up with this now. You're right, I'm moving it now.

Lol, I was wondering why it wasn't letting me.

Oregonjeeper
09-17-2014, 03:49 PM
:drinks::pop2: all i can say is wow..:thumb:

Sharkey
09-17-2014, 03:52 PM
If you call paying into a corrupt system integrity, then yep im ruining it for everyone.... lol

The people that are screwing it up are the ones who dont work. The ones that only take. The ones with there hands out.
All hard working people deserve to keep much more of a % of there money than our tax code currently allows.
Personally im going to keep every red cent I can. Why should I give more of my money to the government only to watch them foolishly waste it? I can foolishly waste it myself without there help!!!!!!

Have you ever stopped to consider that one of the reasons the government keeps looking for new ways to tax us is, in large part, due to the number of tax dollars lost from individuals and corporations gaming the system by finding "deductions" and calculating "income" in ways which are not intended by the tax code? Our tax code is volumes upon volumes...not be because it needs to be, but because more and more language has to be created to counteract loophole hunters. (Have you ever actually written legislation? I have. It's not easy, and it is damn near impossible to write something in a concise manner that covers every possible scenario when individuals and corporations actively seek to evade the law.)

In the end, it's your choice how to live your life. Just remember that integrity is damn near the only thing in this world that cannot be taken from you; you must actively choose to give it up.

Oregonjeeper
09-17-2014, 04:01 PM
This :clap2:

Payment wise, yes this math doesn't add up at all. Especially on this type of vehicle that he intends to put mods into. Especially when you could walk into a dealer right now, get a '14 at near invoice with $0 down with 72 month financing at less than 2% (with good history).



Dont forget "hold back".. invoice isnt really the cost of rig to the dealership... There is "Hold Back" and there is sales goals from the factory which if you meet them . They cut your dealership a check..Then there is selling the paper to the bank..So a dealership can sell all the rigs on the lot at "invoice" and still make a killing on the Rig... The car game is crazy..

JRoc
09-17-2014, 04:18 PM
This guy is a dumbass who's intelligence at this point is being based upon his posts. He probably lives in his mommy and daddy's basement and doesn't have 5K in his account to put down if he wanted to. But, let's say for a second that he could...first of all, even someone with absolutely perfect credit couldn't roll $12,000 into a lease on a Rubi. Max advance on a traditional lease is 125%. Let's say his $4,000 discount is applied and his sales price is $38,000 + tag costs, approriated fees and taxes on the fees and first payment... $47,500 would be the absolute money he could lease. HOWEVER, accessories are not residualized in a lease. Meaning, he would have a base payment of $600 (approximately, based on credit worthiness and current residuals and money factor based on the manufacturer incentives.) According to this asshole he is being alloted $12,000 financeable budget. $12,000/2yr is another $500 per month. He's now up to $1,100 monthly payment, again, if this were even possible. $5,000 down, if he had it, would only be applied toward the $12,000 financeable budget as this is what the bank likes the least. This leaves $7,000 of non-residualized costs rolled into his lease. $291.67 would be stacked on to his $600 base payment. Then, you have tax on the payment, because in a lease you only pay taxes on what you use, therefore there is a sales tax per payment. Sales tax here in FL is 7% so I will use this... grand total payment of $954.09.

However, I could be way off...I'm just a fucking idiot like the rest of these guys...who also happens to be a Finance and Insurance Manager!

As far as this motherfucker's moral compass goes, he obviously doen't have one so he's probably a democrat...which if you watch the news...don't get targeted by the IRS, so he's probably in the clear there. As funny as it would be to see some IRS agents send a task force to pull this sorry son of a bitch out of his parents basement for tax fraud...probably won't happen.

Go crawl back to the shit hole you arose from and give your wife our condolences. No one should have to live with that much stupidity. Be careful to what you say to people on this forum, if you manage to pull your pathetic ass onto a trail, it will probably be someone on this forum that will have the decency to pull you out of whatever situation you got yourself stuck in/on. For now, there is no hope for you my friend. By the way, if you ever do find yourself making a modest salary, keep it modest. Money doesn't buy class, not that a hundred grand would buy you much of that anyway...

:asshat:

SmokinV10
09-17-2014, 05:19 PM
Have you ever stopped to consider that one of the reasons the government keeps looking for new ways to tax us is, in large part, due to the number of tax dollars lost from individuals and corporations gaming the system by finding "deductions" and calculating "income" in ways which are not intended by the tax code? Our tax code is volumes upon volumes...not be because it needs to be, but because more and more language has to be created to counteract loophole hunters. (Have you ever actually written legislation? I have. It's not easy, and it is damn near impossible to write something in a concise manner that covers every possible scenario when individuals and corporations actively seek to evade the law.)

In the end, it's your choice how to live your life. Just remember that integrity is damn near the only thing in this world that cannot be taken from you; you must actively choose to give it up.

I agree with most things said here, but there may be a fundamental difference in political ideology here. I don't trust the government or their intentions. The thousands of pages of tax code written by the government, reviewed by their team of tax attorneys have a duty to ensure that the tax code is written properly. It is not only written to protect from loopholes, it is also written to enable unfair taxation, wealth distribution, promote special interests, etc. It is not my job to determine the government's intent. In fact, if they give me a reason to take a deduction LEGALLY, I am going to take it. If the system was designed to work on "intent" then we shouldn't have thousands of pages of tax code but a flat tax for everyone that didn't have deductions. If the tax code was written along what our Founding Fathers intended, it would only be based on apportioned taxes rather than unapportioned taxes. If the government operated with INTEGRITY we would not be gaming the system to use the interstate commerce clause to ratify the Affordable Care act and we wouldn't be exponentially expanding the already evil 16th Amendment and the Revenue act of 1913 beyond what the progressive a-hole Woodrow Wilson did to the Constitution in 1913. With actions as egregious as these, how can anyone EVER guess the government's intent? Don't...just follow the law. My point is that it is one thing to blatantly lie about income tax. That is illegal and wrong. I personally don't see it as foul play, immoral or unethical to take a deduction ALLOWED by the law simply because the IRS didn't hire enough attorneys to make the law as air tight as it should be. Edit and clarification- I am not defending the OP by saying this. Just speaking about the whole concept of "government intent" and taxation. Basically if I went by intention I should just sign over my entire paycheck to Uncle Sam because this administration wants the IRS to punish hard working, constitution loving folks like me who go church and hang on to our guns. You're asking a conservative to believe that government is good.

Sharkey
09-17-2014, 05:40 PM
Basically asking a conservative to believe that government is good.

I'm not saying government is good; I'm simply positing the reality that government becomes necessary because so many people are bad. If we truly want to reduce the level of government in our lives, we must first be willing, as individuals, to govern ourselves with integrity and honor.

jims68
09-17-2014, 07:46 PM
Speaking of ethics I just came from our local jeep dealer. We purchased a new 2011 Grand Cherokee from them and bought the extended warranty with the vanishing deductible. Have had 0 issues but I knew from the noisy fan motor it would need to be looked at sooner or later. Well last week the cabin diverter part that directs the air from side to side quit and the fan motor kicks out and restarts every few seconds so time to take it in. Dealer tells my wife this morning there is a "investigative fee" for each different problem along with anything the 3rd party wont cover. So we look up this 3rd party warranty since we are waiting and there seems to be a few, ALOT, of issues with them. So you purchase an extended warranty from the same dealer and since they were in bed with a piece of shit 3rd party warranty company, they didn't mention this when we were buying, you have to pay for there mistake! Now they are talking $50 for the fan "investigation", $100 to $150 for the HVAC diverter "investigation", and who knows what else.

I know don't jump on me Extended Warranty's are seldom worth what you pay for them but my wife wanted it for peace of mind when we are on the road. If she's not happy neither am I so we did. I have just never heard of this! Isn't this the reason to buy one?:hmm:

JRoc
09-17-2014, 07:59 PM
Speaking of ethics I just came from our local jeep dealer. We purchased a new 2011 Grand Cherokee from them and bought the extended warranty with the vanishing deductible. Have had 0 issues but I knew from the noisy fan motor it would need to be looked at sooner or later. Well last week the cabin diverter part that directs the air from side to side quit and the fan motor kicks out and restarts every few seconds so time to take it in. Dealer tells my wife this morning there is a "investigative fee" for each different problem along with anything the 3rd party wont cover. So we look up this 3rd party warranty since we are waiting and there seems to be a few, ALOT, of issues with them. So you purchase an extended warranty from the same dealer and since they were in bed with a piece of shit 3rd party warranty company, they didn't mention this when we were buying, you have to pay for there mistake! Now they are talking $50 for the fan "investigation", $100 to $150 for the HVAC diverter "investigation", and who knows what else.

I know don't jump on me Extended Warranty's are seldom worth what you pay for them but my wife wanted it for peace of mind when we are on the road. If she's not happy neither am I so we did. I have just never heard of this! Isn't this the reason to buy one?:hmm:

Stupid question...factory warranty on your vehicle should have been a 3/36 full and a 5/60K powertrain. Are you still within the 3/36? If so, all "investigative" costs should be covered under the manufacturer warranty. In regards to your extended "warranty," there should have been a clear and concise breakdown of coverage and deductibles outlined to you prior to your acceptance of this product. A.) An Extended Service Agreement, should NEVER be disclosed to you as a WARRANTY. One cannot purchase a WARRANTY, however you can purchase a program offering you protection against the failure of components. B.) Your coverages/fees are legally expected to be presented to you at the time of purchase. C.) Some ESA's can require "investigative" costs, however, most reputable ones will not. In addition to, most dealers will not charge "investigative" costs in order to remain competitive in their market. I would investigate your original purchase agreement and read carefully all inclusions/exclusions in your paperwork; AND, if it is an option to you, look into a different dealer/shop to have your work performed. You may be able to negotiate those costs if a dealer is hungry enough to earn your service business.

I hope this helps.

jims68
09-17-2014, 09:42 PM
We are just out of manufactures warranty 42xxx miles. That actual paperwork does call it an Extended Warranty. It did break down all covered and not covered with a breakdown of coverages for each area like HVAC, fan, heater core etc., etc.. I had never heard of this investigative charge before! Thanks for the explanation.

jims68
09-17-2014, 09:45 PM
Oh and no where in the contract does it talk about any investigative charge just deductibles, and we have the rider for no deductible.

JRoc
09-17-2014, 09:54 PM
Oh and no where in the contract does it talk about any investigative charge just deductibles, and we have the rider for no deductible.

I would highly question the integrity of the dealership in this instance. Part of the agreement between a dealership and a 3rd party ESA includes inspection costs...again, normally. I know that we do not charge our guests for inspections, becuase obviously the ESA pays the dealer, just like a normal consumer. This sounds like a service department trying to take advantage of you and I would suggest looking into other options. Is the "warranty" backed by the dealer or is it through a company other than the dealer itself? With my auto group, whom I work for we utilize Fidelity for our ESA's and such. The are a very reputable company and, though it's not 100%, people are generally quite pleased with the level of service they receive. If you are not satisfied with the package that you purchased, you should have the option to return "it" to the dealer and receive a pro-rated portion of your money back. For example, express to them that you wish to cancel this product and they should refund to you the difference of what you had paid vs what you have used.

Good luck!

jims68
09-17-2014, 10:21 PM
I would highly question the integrity of the dealership in this instance. Part of the agreement between a dealership and a 3rd party ESA includes inspection costs...again, normally. I know that we do not charge our guests for inspections, becuase obviously the ESA pays the dealer, just like a normal consumer. This sounds like a service department trying to take advantage of you and I would suggest looking into other options. Is the "warranty" backed by the dealer or is it through a company other than the dealer itself? With my auto group, whom I work for we utilize Fidelity for our ESA's and such. The are a very reputable company and, though it's not 100%, people are generally quite pleased with the level of service they receive. If you are not satisfied with the package that you purchased, you should have the option to return "it" to the dealer and receive a pro-rated portion of your money back. For example, express to them that you wish to cancel this product and they should refund to you the difference of what you had paid vs what you have used.

Good luck!

Thanks JRoc this is very helpful. My wife finally picked her jeep up. They diagnosed the problems and are ordering the parts. Nobody said a word about the fees so maybe it wont happen. We will see after the work is done. Usually they will tell you what it is going to cost before ordering parts, so I am guessing it was called into the ESA and approved. I still want to ask them about what they were telling my wife when she dropped it off. This should be a pleasant experience but I have had a bad experience when buying this rig also, but that is another story. Maybe it is a hint when the service writer makes the comment "You have never had this vehicle in for anything but oil changes.". Next nearest dealers are 100 miles pretty much every direction so kind of leaves a guy stuck!

Thanks!!!!