Updated almost 8 years ago on . Most recent reply
gas station/ truckstops or restaurants
just wondering does anybody on here own have interest or invest in gas stations or truckstop/restaurant/gas staion
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My mom owns one (not the business).
Some newer information, if the sales are 50% or greater in motor fuel, then you can depreciate in 15 years vs 39. https://www.irs.gov/pub/irs-wd/201509029.pdf See page two conclusion.
Look forward to the discussion on what to look out for if buying new.
My concern is the wave of electric vehicles reducing demand over time.