2. analog
  3. 1180932560

Audiophile TT article in Forbes

I am going to try one more time with this tread because I believe the Audiogon Moderator is flagging this because of the naming of a name. In the latest Forbes special issue there is a nice article about the resurrection of vinyl and Audiophile grade TT. The article shows some nice pictures of high end grade TT with there tone arms and statements from VPI owner claiming every time he wakes up he pinches himself to think in a digital age sales are up steadily. But the big eye opener was that very well known vinyl and turntable guru from a major audio magazine is purchasing a one hundred grand table and tone arm combo Continuum Audio Labs Caliburn turntable & Cobra tonearm
for much less than retail what is much less the article never states but I would guess to venture half off listed which if my math is good would be fifty grand total. Now I don't really have a problem with this but in the article the writer states he the well known guru reviewer is also going to write off the purchase as a business deduction? I am not a CPA or a tax attorney but I would guess that this would raise a red flag at the local/federal tax office as being a LUXURY item. Can you honestly think that standing in tax court a judge wouldn't ask you do they really make a 100 grand turntable and why do you need this piece of gear just to listen and review a record or even having to compare it to the competition.
schipo

Showing 8 responses by schipo

schipo OP
1,268 posts
 
No reason to be sorry Chadnliz I enjoy the tongue and cheek as long as no words harm and insult.
schipo OP
1,268 posts
 
So I guess if I write for Road&track I can buy a 2006 Ferrari 612 Scaglietti for $250,000 and write it off as a business deduction. And why not, can't compare to any other exotica driving a toyota camry.
schipo OP
1,268 posts
 
Sounds rather innocent when compared to what Haliburton has done to the taxpayers and our soldiers in Irag.Please no politics thats not what this tread is about. lets look at it this way, why not say in another year he wants to purchase a Goldmund reference II turntable which goes for $300.000 why not continue to write that one off because in your own words HE NEEDS THE BEST.Thats nonsence and any one would know that,a luxury item like this would be a red flag.What about speakers,amps,and so on, you need that to hear the music that a $300,000 tt produces why not write them off with so on and so on. Can you write off the cables to and the furniture that the gear sits on hey why not I am a reviewer I need my gear to sound it best.
schipo OP
1,268 posts
 
I never brought politics into the discussion I was just quoting another member who brought it to this tread.
schipo OP
1,268 posts
 
The latest special addition on the news stands now. Please enjoy the read and the pictures of some of the TT,it was almost if I was looking at penthouse for the first time. I am just happy to have audiogon as a place to place this and to all of you who disagree and agree with me the best.

\
schipo OP
1,268 posts
 
First I laughed, then I agreed with you, and finally I realized how sick we are and on how many levels. ;-)Thats what this is all about to bring a little laughter and also spoof on each other in a good clean and fun way. Hey I remmember when Ralph Kramden gave Ed Norton a look of disgust when Ed told him that he takes off a business deduction when he conducts business in his bathroom, and Ralph said what buisness deduction can you possibly take off in your apt when you work in a sewer and Ed tells him that he practices his plumbing technigue in the bathroom.
schipo OP
1,268 posts
 
The time that the car is driven for pleasure is not deductable. How can you say that a car of this caliber a Ferrari is not being driven for pleasure.
schipo OP
1,268 posts
 
I guess he also should be able to deduct his whole system including if he wants to purchase a 500grand speaker system because thats part of his job. I guess schumks like us don't, than again maybe all we have to do is start our own audio rag and get the same deal.
More to discover