“Should You Convert Your Personal
Vehicle To Business Use?”
To get my complete, FREE article
with all the details…
Thinking about converting your personal vehicle to business use?
You may be on to a good thing.
For starters, let’s check out these facts
that should impact your decision.
When it comes to your taxes, most personal assets, other than your home, are disappointments because:
- You pay taxes on the personal gains, and
- You may not deduct the personal losses.
But when you convert a personal vehicle, or other personal asset to business use, you create tax benefits. And you create these new tax benefits without spending any new money!
In order to make the conversion…
You need to understand the rules of the road. Here are just some of the important topics I’ll cover in my new article.
- Depreciating the former personal vehicle
- Bonus depreciation and section 179 expensing
- The bonus depreciation rule you must know
- Three bonus depreciation basics for vehicles
- The basis when you sell
And much more
Please note: The details of making the conversion and its tax implications, are complex. That’s why I’ve made my new article easy to understand. Don’t miss it!
A good place to start?…
CLICK HERE and read my completely new article titled:
“Should You Convert Your Personal
Vehicle To Business Use?”