Tax exemption question...

[Kay Ferdous]

I'm just starting out flipping houses in long island. First house I flipped was under my name and now goal is to get everything formalized and really stream line my business.

Just formed a new LLC and I'm looking to either purchase a new car or lease a new car. This car would be used for my 9 to 5 job and to run around looking at houses and purposes of my business

Question is what is best strategy.. should I buy or lease..  what are my exemptions in either case ? thank you.