I recently started an LLC with a partner for a real estate/construction/property management company. I'm wanting to buy either a truck or SUV to make it easier to haul materials around. I would sell my personal car after I buy the new vehicle. What part of the new vehicle could be used as a write-off/tax deduction? The truck/suv would probably have more personal miles on it than business, but could I still buy it in the name of the LLC and/or write off mileage, payment, ins, etc?
Using a personal vehicle for business use (and vise versa).?
- Thread starter jtip6
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