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Flem Whittman
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IRS 179 Write-Off Question on sedans

Flem Whittman
Posted

I understand the 6k lbs.+ write off. And writing it off in 1 year vs 5… But is there a scenario to write off non SUV/Trucks under 6k lbs.? For example a sedan… Doesn’t have to be a brand new S Class… Or SUV’s under 6k lbs.? 

I’m trying to figure out a house flipping scout vehicle that’s not my big truck… 


Thanks in advance! 

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Ashish Acharya
#2 Tax, SDIRAs & Cost Segregation Contributor
  • CPA, CFP®, PFS
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Ashish Acharya
#2 Tax, SDIRAs & Cost Segregation Contributor
  • CPA, CFP®, PFS
  • FL
Replied

Not correct. You can write off another auto too. Up to almost 19k the first year. There are various rules that go with that.  

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