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re: Buying a car under my business

Posted on 11/8/12 at 5:08 pm to
Posted by NaturalBeam
Member since Sep 2007
14527 posts
Posted on 11/8/12 at 5:08 pm to
Yes and yes
Posted by bryso
Member since Dec 2006
27130 posts
Posted on 11/8/12 at 5:13 pm to
man this is going to be a tough one to swing

would likely set off a flag... if i were u i would incorporate as an S corp and then make ur wife an employee...

its one thing to write off your miles or maintenance whichever u pick. but its a totally different thing to write off a whole car that is driven by someone other than u.
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