Re: NANFA-- Tank price

Irate Mormon (archimedes_at_bayspringstel.net)
Tue, 16 Mar 2004 22:11:18 -0500

Quoting Ty Hall <tyhall_at_mia.net>:

> He still had to pay for the tanks, so unless he sold them for more then he
> paid for
> them, he lost money on them. Just because they were used to generate income,
> that
> does not reduce his investment. Selling them to his regulars at a reduced
> rate, helps
> him to recoup some of that initial investment and reduce the overall loss.
> In
> addition, he knows he will gain additional sales from those customers.

Plus, he got to take the depreciation on his tax filing, so that also helps
offset the cost of the investment.
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