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Level 1
December 7, 2019
Solved

Does a racing engine qualify for economic stimulus property, and what are the advantages and disadvantages?

  • December 7, 2019
  • 1 reply
  • 4 views
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Best answer by IRonMaN

The advantages of a racing engine is it will make your car go really fast.  The disadvantage is, you might get a ticket.  But I'm always curious, are you dealing with some kind of racing business?  If so, you probably have a qualifying asset.

1 reply

IRonMaN
IRonMaNAnswer
Level 15
December 7, 2019

The advantages of a racing engine is it will make your car go really fast.  The disadvantage is, you might get a ticket.  But I'm always curious, are you dealing with some kind of racing business?  If so, you probably have a qualifying asset.

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