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Re: [Fot] Sponsorship of Vintage Racing

To: fot@autox.team.net
Subject: Re: [Fot] Sponsorship of Vintage Racing
From: "David W. Riddle" <dave@microworks.net>
Date: Fri, 02 Nov 2007 21:57:31 -0700
At 08:25 PM 11/2/2007, Bill Babcock wrote:
>The fundamental trick is to have the company doing the sponsorship belong to
>you. Then you can treat the sponsorship as an advertising expense and have all
>the depreciable assets belong to the company. I investigated all the aspects

If you have your own company do what I have done.  I sponsored 
another guys car and he had his company sponsor mine.
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