Q. How can I pay for my system faster for my Home?
You can apply for a business number and calculate your earnings from you system to use for taxible income then you can write off over 3 years the whole system
towards all you taxes paid. This works best for the person that works a regular job and has with held taxes.
Q. If I lease my equipment can I write off the whole amount of the payments?
Yes, If you apply for a business number you can Lease your equipment and have the payment be 100% deductible on your income tax. At the end of the term the leasing company will sell you your system back for $1. This way you can the whole system interest and all paid for with your with held tax.
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