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re: Buying a car under my business
Posted on 11/9/12 at 8:59 am to bryso
Posted on 11/9/12 at 8:59 am to bryso
quote:It is not allowed. A taxpayer is entitled to deduct expenses for the business use of an automobile. The OP stated that the business use would be zero since the car is for his wife to use.
i mean if its allowed by the IRS i dont really see where ethics comes into play.
1
Posted on 11/9/12 at 10:09 am to Poodlebrain
What if you have an LLC and own a building that you rent out, what can you write off? Should I start a new thread for this?
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