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Forums » $14,995 for Comcast Cable Installation? » Guess I'm Missing Something...
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Share the costs.... And profit »
« I guess I was lucky  
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nixen
Rockin' the Boxen
Premium
join:2002-10-04
Alexandria, VA
·Cox HSI
·Speakeasy

Guess I'm Missing Something...

Don't get me wrong, I'm not a lover of cable companies...

That said, if you were trying to get a telco to draw a T1 (or similar type of service) to your house or place of business, you'd have to pay for the loop costs just so you could also pay the actual data carriage fees.

-tom
--
"Experience should teach us to be most on our guard to protect liberty when the government's purposes are beneficial. The greatest dangers to liberty lurk in insidious encroachment by men of zeal, well meaning but without understanding." -Louis D Brandeis

Nuts

join:2006-04-27
Forest, OH
This is true. However, I believe a business can write off the installation as a cost of doing business (someone in accounting please correct me if I'm wrong on this). Homeowners cannot write off the cost of having service run to their homes.


nixen
Rockin' the Boxen
Premium
join:2002-10-04
Alexandria, VA
·Cox HSI
·Speakeasy

said by Nuts See Profile :

This is true. However, I believe a business can write off the installation as a cost of doing business (someone in accounting please correct me if I'm wrong on this). Homeowners cannot write off the cost of having service run to their homes.
You assume that only businesses ever have T1 types of connections run to their homes. I can tell you that, prior to cable HSI and more prevalent telco HSI, I used to know people (particularly gamers) that would get T1 connections to their houses.

Hell, it used to be, there were all sorts of fees and costs just to have DSL "installed" at your house.

So, again, I really don't get why it's such a big deal for the cable companies to charge if they have to "go out of their way".

-tom
--
"Experience should teach us to be most on our guard to protect liberty when the government's purposes are beneficial. The greatest dangers to liberty lurk in insidious encroachment by men of zeal, well meaning but without understanding." -Louis D Brandeis

rockjock

join:2003-10-14
Salt Lake City, UT

reply to Nuts
Cash out of hand is cash out of hand, whether it's a business or a residence. I think that's where the issue lies.
But for the record, a business wouldn't write off the installation as a cost of doing business. The cost would be capitalized and amortized over the estimated useful life of the improvement being made.
From an accounting perspective, since you asked.
Forums » $14,995 for Comcast Cable Installation?Share the costs.... And profit »
« I guess I was lucky  


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