[TenTec] RX-366?

[Dave Edwards]

Wish I "expensed" for a few cases of the Ameco AC-1 kit novice 
transmitter back in the day!
I could afford that new Mercedes you mentioned :-)

...Dave


On 4/24/14, 9:29 PM, Bob McGraw - K4TAX wrote:
> Remember folks, ham radio is a hobby.  Anything we purchase is an 
> expense and thus is not an investment.  Based on my understanding, 
> investments make money or they are supposed to do so, expenses are 
> depreciated which means the value of the item purchased is expected to 
> decrease.  Just ask any business professor or tax consultant.
>
> So is that $700 spent for the RX-366 and investment or an expense?  
> Well it technically is an intangible investment based solely on ones 
> perceived pleasure with its use.  Does it add $700 to the value of the 
> Orion?  If it does it is an investment, otherwise it is an expense.
>
> So is that new Mercedes in your garage an expense or an investment?
>
> 73
> Bob, K4TAX
>
>
>
>
> ----- Original Message ----- From: "Kimberly Elmore" 
> <cw_de_n5op at sbcglobal.net>
> To: "Discussion of Ten-Tec Equipment" <tentec at contesting.com>
> Sent: Thursday, April 24, 2014 4:07 PM
> Subject: Re: [TenTec] RX-366?
>
>
> No worries! I occasionally get to buy myself toys, too! My kids aren't 
> in college, yet, but this won't make or break their ability to go. 
> Rest assured that if I thought I had an instrument that would yield 
> enough return that $700 would make a significant contribution to their 
> college fund, I'd have put the money there!
>
> Kim N5OP
>
>
> ________________________________
> From: K8JHR <jrichards at k8jhr.com>
> To: Kimberly Elmore <cw_de_n5op at sbcglobal.net>; Discussion of Ten-Tec 
> Equipment <tentec at contesting.com>
> Sent: Thursday, April 24, 2014 3:51 PM
> Subject: Re: [TenTec] RX-366?
>
>
> No problem with that outlook, KE... it all depends on your resources
> and threshold for economic pain.   I purchased the Orion II for the same
> reason... my Omni VII works well... but I just plain wanted the Orion II
> and scarfed a super clean, minty one for cheap !!
>
> I am LUCKY my XYL is OK with it.
> Now... to sell her on the tower idea...   ;-)
>
> I also believe a guy is due some sort of trophy or prize for having
> survived the working world - paying for the cars, the house, kids in
> college, shoes, clothing... and after paying for all that a guy DESERVES
> some sort of treat for having made it. So I understand your position
> completely.
>
>
> ---------------- K8JHR -------------------
>
>
>
> On 4/24/2014 4:32 PM, Kimberly Elmore wrote:
>
> to be perfectly honest, I bought it simply because... Well, I *wanted*
> one. I wanted a fully decked out O II. Like so many things, it's a
> decision made for purely personal and somewhat selfish reasons.
>
>
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