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

KY13
Level 1
 
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IRonMaN
Level 15

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.


Slava Ukraini!

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IRonMaN
Level 15

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.


Slava Ukraini!
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