RE: Collector Car

[MMJB28A@prodigy.com ( CRAIG HALSTED)]

I hope everyone is taking advantage of the current tax laws regarding 
collectible cars. if you have designated your (roadster) as a long 
term investment, you can either write off all money spent on 
repairs/restoration of your vehicle, or you can depreciate your car 
over a period of 7 years. probably more sense to depreciate it if you 
buy a nice one to start, better to expense out if you're 
restoring/refurbishing one.

Craig Halsted