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Old 02-22-2006, 11:50 PM
enio45 enio45 is offline
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Default Re: Used car dealer license

Mark, i need a place to work on my cars and customers cars when needed, so buying a warehouse vs building a detached garage is the most likely scenerio im working on. Now that im going to invest in a warehouse i was considering making a small business out of the process, and take some tax advantage of business deductions. Ill retire from my current company and will play with the car business full time. Based on this - im trying to decide how to best leverage the warehouse investment with the car business. I have 5 cars that require storage away from the home so the space is needed for sure. Building a detached garage (20 x 50) next to the house will not give a return to the house considering the investment and zoning requirements. So i was thinking of this small business approach with a dealer license?? How does the insurance work, how many dealer plates do you get?
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