05-08-2009, 12:55 PM
doctorwayne Wrote:Josh, have you checked into the possibility of getting a small business loan using your trains as collateral? If it's possible, you should then be able to use the cost of borrowing as a deduction from your gross profits, at least saving you something on taxes. There may be other benefits, too. They always say, why risk your own money when you can use someone else's?
Wayne
Wayne, this could be something to look into. Not necessarily with my trains, but with my other expensive electronics and such, and maybe some of my trains. I have quite a few expensive electronics.... Thanks for the suggestion