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  1. #131  
    Senior Member Jeffrey Loewe's Avatar
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    Quote Originally Posted by JosefGatti View Post
    This isn't easy to swallow. It's bit after bit on top of that 14k, don't know if this will be feasible any more. Ouuch
    I kind of feel the same way. I'm somewhere in the middle of going on without it and taking the next 10 or so days to re-consider. I'm between a lull in contracts and don't have any work since next week is a holiday week. RED can you meet some of us in the middle here and give us til the 1st of Jan?
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  2. #132  
    Senior Member Zack McTee's Avatar
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    If you sell it within a year, then you can be happy that you were able to write off that massive purchase (and the extended coverage) that you only used for 11 months. The write off will easily pay for the extended coverage
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  3. #133  
    Senior Member Terry VerHaar's Avatar
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    Quote Originally Posted by Zack McTee View Post
    If you sell it within a year, then you can be happy that you were able to write off that massive purchase (and the extended coverage) that you only used for 11 months. The write off will easily pay for the extended coverage
    Huh? Not sure exactly what you mean, but, if you wrote it off and then sell it within a year, you have to recapture most of the write-off.
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  4. #134  
    Senior Member Zack McTee's Avatar
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    Looks like I'm not sure exactly what I mean either. Guess I'm not completely familiar with the process of recapture :)
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  5. #135  
    Senior Member Terry VerHaar's Avatar
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    Quote Originally Posted by Zack McTee View Post
    Looks like I'm not sure exactly what I mean either. Guess I'm not completely familiar with the process of recapture :)
    Basically, if you wrote if off, it now has an accounting value of zero. If you sell it for more than zero, that becomes profit and is taxable.
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  6. #136  
    I just purchased my Red Armor. It was a tough decision but the peace of mind over three full years is well worth it. When you do the math it is only $62.50 a month over two years for a 10,000 product. Not that bad at all.
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  7. #137  
    Senior Member Zack McTee's Avatar
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    never thought a beagle'd be teaching me about taxes. :)
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  8. #138  
    Senior Member Terry VerHaar's Avatar
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    Quote Originally Posted by Zack McTee View Post
    never thought a beagle'd be teaching me about taxes. :)
    He does mine every year and I haven't been audited... yet. lol
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  9. #139  
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    Maybe this has been covered but I noticed that on RED STORE it says that you have to buy RED ARMOR before order processing begins but Jarred mentioned that you can add the armor anytime during its first year of warranty. Just wondering which is right?
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  10. #140  
    Senior Member Jeffrey Loewe's Avatar
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    Quote Originally Posted by Per von Koch View Post
    Maybe this has been covered but I noticed that on RED STORE it says that you have to buy RED ARMOR before order processing begins but Jarred mentioned that you can add the armor anytime during its first year of warranty. Just wondering which is right?
    It has to purchased prior to taking shipment of your Camera. It's easier for RED, and prevents us from forgetting it when we hit the 1 year mark.
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