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All Forum Posts by: Tate Blackmon

Tate Blackmon has started 2 posts and replied 3 times.

Post: Looking for CPA in DFW

Tate BlackmonPosted
  • Developer
  • Fort Worth, TX
  • Posts 4
  • Votes 2

@Ronald Rohde

Hey Ronald,

Do you have personal experience with Daniel?

Thanks,

Post: Can i use Section 179 for large equipment and truck

Tate BlackmonPosted
  • Developer
  • Fort Worth, TX
  • Posts 4
  • Votes 2

Hello,

I own a home building business and we’re are trying to get more write offs. Currently many large equipment tract loaders, bobcats, Excavtors, etc are offering 0% financing for 5-6 years. Using section 179 would we be able to write off the entire cost of the equipment for 2020. So just say to make things simple tax is 30%, equipment cost $100,000,

Would we be able to write off $100,000, essentially saving 30k in taxes. Also can this be used for trucks as well? Thanks

Post: tax consultant/cpa for home builder/investments/developing

Tate BlackmonPosted
  • Developer
  • Fort Worth, TX
  • Posts 4
  • Votes 2

Hello I’m looking for recommendations for a cpa/bookkeeper that specializes or deals a lot with home builders, developers, and other real estate investments.

We primarily build spec houses and are not happy with our current CPA.