[Fot] Sponsorship of Vintage Racing

David W. Riddle dave at microworks.net
Fri Nov 2 22:57:31 MDT 2007


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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