Archived from groups: rec.games.video.arcade.collecting,rec.games.pinball (
More info?)
<mikep28@omuonline.net> wrote in message
news:1127692633.801095.260010@f14g2000cwb.googlegroups.com...
> Ever try just giving them away then? If you gonna throw them in the
> dump, Im sure free would have gotten some attention. Better going in
> the hands of someone that will work on them, take parts off, or hell
> even make a shelf out of the wood than throwing them into the local
> landfill. I guess you just get to write it off on your taxes as a
> buisness expense if you dump them and rather than giving them away?
It costs money to dump stuff regardless of whether or not you can deduct the
expense. As a quick lesson in the tax effect of dumping stuff, if you spend
$1000 a year to dump games, you can deduct (speaking as a schedule C filer)
the full amount of the expense from your income, which saves you roughly the
percentage of your expense equal to your tax bracket. Using this example,
if your total income puts you in a 40% bracket, you save $400 in Federal
Income Tax and around another $75 in Schedule SE tax - so you are still out
of pocket around $525.
On the other hand, if you advertise free stuff on RGVAC you get to waste
countless hours of productive time waiting for no-shows, tire kickers and
other undesirables. In my business, it doesnt take very many wasted hours
to cost me $525, so the choice for me was always clear - if they dont sell,
strip the salvagable parts for eBay and trash the rest.
Art
>
~eric
Facebook
Twitter
Instagram