rbynaker
Level 14
$21K, that's a lot of garbage cans!

I don't think you have startup expenses for purchasing an ongoing business (I may be wrong and/or it may depend on the business) but it probably comes down to what's really going on in the transaction.  I'm fine with $1K of misc "stuff" just being written off as supplies but when it's 25-30% of the total purchase price it just doesn't pass my sniff test.  What's the $20,000 item that's hiding in the $5 garbage can? 🙂

Rick
0 Cheers