Electrical Golf Cart -- Tax credit ??????
I need to purchase a golf cart to get around the campgrounds. Do you know if there is a tax credit for an electrical one? . . :h Any other advantages of gas vs electrical?
Forum Discussion
rk911 wrote:gcloss wrote:pitch wrote:
Why should I or anyone one else subsidize your pleasure? Never heard of a TAX subsidy for a golf cart or any other pleasure item.
While some may think Golf Carts are a pleasure item, many communities around the country are considered "Golf Cart Communities". I will be moving to Peachtree City Georgia in 4 years. Peachtree City is one of the largest Golf Cart communities in the USA with approximately 30,000 resident and 10,000 registered Golf Carts. Only electric Golf Carts are allowed.
Peachtree City is a well planned community with more than 100 miles of specialty roads for Golf Carts, where they are considered a major source of transportation. So why not have tax credits for Golf Carts?
why not tax credits for RVs? musical instruments? airplanes (I'd like that one)? other recreational equipment?
Humm, well there are. Interest on an RV loan is tax deductible as a second home mortgage write-off. If you make a living as a musician then of course you can write off your musical instrument as a business expense. If you have an airplane that you use for business travel, then that can be a write-off too. Other recreational equipment would depend on what it is and what's is used for. Professional golfers can write-off the cost of golf clubs.
