e92 ZCP M3 and 997.2 Turbo S Photoshoot

[Longboarder]

Originally Posted by ///M Power-Belgium

You bought my dream car ..Wow ! Congrats !!!

Thanks. I needed another tax write off.

[E90beemerfan]

Fantastic stable of cars you've got there and nice photoshoot! Does it happen that you don't know which car to take for the day? Drive safely! You've got some serious weapons there.

[Longboarder]

Originally Posted by E90beemerfan

Fantastic stable of cars you've got there and nice photoshoot! Does it happen that you don't know which car to take for the day? Drive safely! You've got some serious weapons there.

Thx just saw the pic of your SY comp package e92 on the 'ring. That's the best color I've ever seen on this car. Amazing.

[E90beemerfan]

Originally Posted by Longboarder

Thx just saw the pic of your SY comp package e92 on the 'ring. That's the best color I've ever seen on this car. Amazing.

Thank you! In the sunshine the color becomes quite bright, but in the shadow it is more toned down. The E92 M3 body is nicely designed and I think most colors go well on this car.

[Longboarder]

Originally Posted by E90beemerfan

Thank you! In the sunshine the color becomes quite bright, but in the shadow it is more toned down. The E92 M3 body is nicely designed and I think most colors go well on this car.

I would love to see that. Do you have a picture / build thread?

[CosmosMpower]

What kind of tax writeoff can you make on a 991 turbo S purchase?

[Longboarder]

Originally Posted by CosmosMpower

What kind of tax writeoff can you make on a 991 turbo S purchase?

Well, there are a lot more deductions for autos available when you own a business. For example I used section 179 deduction when I bought an X5 for work since it qualifies given the GVWR. I also deduct up to 100% of the lease payments on autos that are used for business purposes. A few of my clients are current or formerly in the auto racing business so my 997.2 is a full blown race car and my new 991 will likely be used for racing soon.

[CosmosMpower]

Originally Posted by Longboarder

Well, there are a lot more deductions for autos available when you own a business. For example I used section 179 deduction when I bought an X5 for work since it qualifies given the GVWR. I also deduct up to 100% of the lease payments on autos that are used for business purposes. A few of my clients are current or formerly in the auto racing business so my 997.2 is a full blown race car and my new 991 will likely be used for racing soon.

My friend recently did the same and bought a X5M for tax deductions. I don't think you can take deductions for race cars/track days unless your business is directly related to a professional racing endeavor. There's a huge thread about this on Rennlist.

[Merlin_83]

Originally Posted by Longboarder

Added this little nugget to the stable last week:

So nice in so many ways sir ! The color is perfect, and going with the Turbo S, dang....just awesome !

Do you plan to make modifications to it ? Or keep stock ?


Cheers,
Merlin

[E90beemerfan]

Originally Posted by Longboarder

I would love to see that. Do you have a picture / build thread?

Unfortunately I have not started modding the car yet and have not taken that many great photos of the car like you have done with yours

Here is one more picture from the "ring" with different light and the color has got a different tone to it. I have not done any adjustments, only reduced the size of the picture.

[Longboarder]

Originally Posted by CosmosMpower

My friend recently did the same and bought a X5M for tax deductions. I don't think you can take deductions for race cars/track days unless your business is directly related to a professional racing endeavor. There's a huge thread about this on Rennlist.

Agreed. I'm a CPA myself so I'm careful about exactly what can and cannot be deducted. I'm pretty conservative. Track days and aftermarket parts - no way.

[Longboarder]

Originally Posted by Merlin_83

So nice in so many ways sir ! The color is perfect, and going with the Turbo S, dang....just awesome !

Do you plan to make modifications to it ? Or keep stock ?


Cheers,
Merlin

Thank you! Yes mods planned. Tune, exhaust, fuel system and intercoolers. And then better traction (tires). It would be a shame to keep the car at only 560 HP when these simple mods can unleash another 150+ easy.

[visor325i]

Very nice cars!
That 991 is amazingly sexy!

I like your posts/threads on 6speed as well, I had a 997.1 turbo this past year, would love to get both the M3 and 997tt at the same time like you 👍🏻

Looking forward to that 991 build!

[roastbeef]

the new car looks fantastic. i hope to see it at a speeddistrict event soon!

[Longboarder]

Sadly M3 is now gone

Current stable.

Will track the 997 for now but on the lookout for a e92 track car

[Hujan]

Originally Posted by Longboarder

Sadly M3 is now gone

Current stable.

Will track the 997 for now but on the lookout for a e92 track car

Bummer. Sorry to see it go.

There's a stripper AW E92 w/ DCT and Speed Cloth for sale in San Diego. It would make a fantastic starting point for a track car, IMO. (I have no affiliation with the seller, BTW.)

http://www.m3post.com/forums/showthread.php?t=1302479

[SSJTrunks523]

Originally Posted by Hujan

Bummer. Sorry to see it go.

There's a stripper AW E92 w/ DCT and Speed Cloth for sale in San Diego. It would make a fantastic starting point for a track car, IMO. (I have no affiliation with the seller, BTW.)

http://www.m3post.com/forums/showthread.php?t=1302479

Depends if you want a DCT (I did, but not everyone does).

Longboarder If you talk to him, see if he will bundle his GTR BBK! Been staring at that for like a month

[Longboarder]

Nice thx for the link. I was thinking more like picking up a beat '08 on the super cheap and gutting it, putting a cage, race seats, harness and then proper suspension bits and brakes. Or better yet finding one like this that someone has already done.

[AWF87M2]

nice pickup! would love to see a pic that shows the size difference between the 997 and 991. Something like a head to head shot.

[KwlAznKid]

damn nice cars man! must be nice to have money

[Longboarder]

Originally Posted by KwlAznKid

damn nice cars man! must be nice to have money

Not money....I don't have any of that...but rather good credit and essentially zero interest rates (thanks to world central banks' monetary policy), and a favorable IRS tax code that allows for the deduction of "unreimbursed business expenses" for these cars in my business.