@giuliom2614
Excellent information. I will run this by my tax guy and see what we can do. Thank you
@JackTorence
Love some more info about this. I'm an artist and I bought a sports car I want to use for work.
@wendy33040
I have a question on this. Can I purchase a car under my business and lease it from my business? List it on a rental platform the rest of the time etc and write the whole car off that 1st year? The next year do the same thing and get a fleet that way??
@AnhHoang-gl1el
So how do they track ? If someone tell IRS they used 70%, how they track? GPS tracker
@vincentgarzoli3197
One asterisk is that the IRS requires vehicles in certain businesses to only use actual expenses against the percentage of business miles. Taxicabs are one example.
@angelgomez6055
Didn’t answer the car q just mileage
@noleorg1
If you trade in a car that you wrote off 3 years ago, do you lose write off on the trade in back then?
@mepps733
Hello sir! Hopefully you see this comment. What’s the best thing to do if you’re looking to make something like DoorDash and will be using your car as 100% your “business”…
@smashtoshismackamoto341
a whole lot of words for no insight.
@richardbryanesq
Not your best work.
@mr2swift499