Camping with the 1%...
After pulling into and getting setup at our favorite CG here at the Silver Lake Sand Dunes in Michigan in comes this rig! I felt very inadequate at this point: 1 2013 Newmar King Aire. 1 Custom b...
Forum Discussion
rgatijnet1 wrote:RayChez wrote:
You can deduct any vehicle as long as to you having a sign on the side of the auto or coach advertising your business. If you do not have that magnetic sign or painted, you can not deduct it for your income taxes as a write off.
No quite right. Think of the past football coach, John Madden. He was afraid to fly so he used his RV to travel all over the country to the football games. I know he did not have his name on the side of the RV yet he was able to deduct most of the vehicle expenses.
I deduct quite a few expenses with my RV when we travel and do not have a sign on the side of it. It just depends on your business and what part the RV plays in that business. You can legally mix business and pleasure and office in the RV can be just as deductible as the office in your home.
Wild guess: he leased the RV and deducted THAT. I recall seeing that MOST entertainer coaches are actually leased.
Note that using an RV for business purposes means it IS a commercial vehicle! It is subject to DOT requirements...to drive the rig the OP showed, you would need a class A CDL, and would need to follow all HOS rules, and keep a log book.
