It actually was disappointing, the LM is cool ish, but like let’s be honest it’s gona be a headache to run and now he has 2, 1 doesn’t even work so that’s a whole project that’s gona take forever to finish, it’s my opinion, but I would say he should sell the LMs and get the hypercar he wants, lose the headaches both those cars are gona cause
There were only 328 ever made worldwide. About 50 were made for the US. It’s one of the rarest cars available today. So yes, he can charge pretty much whatever he wants to sell them. Good investment.
@sam w Pretty sure @ethanModjarrad is referencing when James mentioned both of the trucks are over 6,000lbs. Federal Tax code allows business owner to deduct(write off) the purchase price of a vehicle, new or used, in the first calendar year of ownership on that calendar year’s taxes. It’s GVW specific, meaning the IRS looks specifically at what the manufacture list for the GVW to determine if it’s eligible. Generally speaking, Vehicles over 6000lb GVW are eligible.
But then when he sells them in 2024 he will have to pay taxes on 100% of the sales price. It just moves to taxes one year into the future. Now, if he kept the vehicles then it would be a different story but we all know he wont.
These are the types of videos that keep us here.
Awesome content man.
Your distress moments are entertaining nonetheless.
Just like the hummer breakdown.
Keep us entertained sir
@NosstaI feel like he partially got finessed . Yeah it ran out of gas , but the odds that all of that went so wrong so quick shows it was already experiencing problems . I hope these were disclosed during the sale . Doesn’t look good having to jump start your buddy 10 mins down the road after selling it to him
Ngl in my eyes James has made it in life
He went from living in his car to having all of this
Its truee what they say hard work and dedication does pay off❤
Now this is the type of content I really love to see, the journey, the laughs, and the unexpected events makes it so much entertaining, For this feels like the old times (in my opinion)
33 comments
Strad never disappoints
But gets disappointed
His disappointments never disappoint us
Don’t read my name,,,
It actually was disappointing, the LM is cool ish, but like let’s be honest it’s gona be a headache to run and now he has 2, 1 doesn’t even work so that’s a whole project that’s gona take forever to finish, it’s my opinion, but I would say he should sell the LMs and get the hypercar he wants, lose the headaches both those cars are gona cause
Strad never stop surprising everyone! Congrats strad!
Don’t read my name,,,,
He’s going to corner the market on LM002s. This man is a genius
There were only 328 ever made worldwide. About 50 were made for the US. It’s one of the rarest cars available today. So yes, he can charge pretty much whatever he wants to sell them. Good investment.
Very specific market as seen very expensive to maintain
Strad is the type of guy to get spammed by OpenAi bots
Lol
I’m kidding lol
yea I was wondering what the heck was going on
Hes writing both of these LM002’s off and can write off all of the repairs, that’s insanely smart.
did he say that?
@sam w Business expense. Tax deductible.
@sam w Pretty sure @ethanModjarrad is referencing when James mentioned both of the trucks are over 6,000lbs. Federal Tax code allows business owner to deduct(write off) the purchase price of a vehicle, new or used, in the first calendar year of ownership on that calendar year’s taxes. It’s GVW specific, meaning the IRS looks specifically at what the manufacture list for the GVW to determine if it’s eligible. Generally speaking, Vehicles over 6000lb GVW are eligible.
@Chad Oakleywhich is why a lot of rich people buy g wagons
But then when he sells them in 2024 he will have to pay taxes on 100% of the sales price. It just moves to taxes one year into the future. Now, if he kept the vehicles then it would be a different story but we all know he wont.
These are the types of videos that keep us here.
Awesome content man.
Your distress moments are entertaining nonetheless.
Just like the hummer breakdown.
Keep us entertained sir
Stop the glazing bro. He made a poor financial choice that backfired. Who wants to watch him try to start a car that he just bought.
I love this type of videos from Stradman ❣️
Fully adventurous like he used to do in the past with R8 and Gallardo
An RS200 would actually be an insane car to have on the channel, no one has anything like that on youtube
The fact he traded 3 car that was way reliable than this truck. The dedication is real!
He seems to be very confident in the fact they will rise in value
@NosstaI feel like he partially got finessed . Yeah it ran out of gas , but the odds that all of that went so wrong so quick shows it was already experiencing problems . I hope these were disclosed during the sale . Doesn’t look good having to jump start your buddy 10 mins down the road after selling it to him
Love it James! Put a Supercharged LS3 in the Black LM. Then it will be a vehicle that can be somewhat dependable.
Ngl in my eyes James has made it in life
He went from living in his car to having all of this
Its truee what they say hard work and dedication does pay off❤
Strad you are in my hometown area. Glad to see that the car is in one piece still. Stay living the dream and making sick videos. Take care!!
Glad to see that the car is in one piece still
Nice
Now this is the type of content I really love to see, the journey, the laughs, and the unexpected events makes it so much entertaining, For this feels like the old times (in my opinion)