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Tax, SDIRAs & Cost Segregation
HomeForumsTax, SDIRAs & Cost SegregationCan I write off the purchase of a vehicle for tax purposes?
Amy Raye Rogers's profile image
Amy Raye Rogers's profile image
Amy Raye Rogers
  • Real Estate Agent
  • from Minot, ND
  • Member since Jun 23, 2021
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Amy Raye Rogers's profile image
Amy Raye Rogers's profile image
Amy Raye Rogers
  • Real Estate Agent
  • from Minot, ND
  • Member since Jun 23, 2021
Connect
Amy Raye Rogers
  • Real Estate Agent
  • Minot, ND
222
Votes |
131
Posts
Tax, SDIRAs & Cost Segregation

Can I write off the purchase of a vehicle for tax purposes?

Amy Raye Rogers
  • Real Estate Agent
  • Minot, ND
Posted Nov 24 2021, 03:25

I'm considering purchasing a vehicle to do showings as an agent.  Can that purchase be deducted? Is it better to create a depreciation schedule for it?  CPA friends, help!

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