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BobsYourUncle's avatar
BobsYourUncle
Nomad
Aug 13, 2018

Blew my engine day one of holidays. Truck kaput...

I posted some info about this in another thread I had going but rather than derail that one, I thought I'd post a new thread. We were scheduled to leave Thursday Aug 9 for 3 weeks but didn't get ou...
Tow Vehicles
womps's avatar
womps
Explorer
Aug 21, 2018
pianotuna wrote:
100% of the lease is a business expense, less any "personal" driving distances. On a loan only the interest is a business expense.


There is a maximum amount ( approx. $900 a month ) you can claim on a lease for a business and if you purchase a vehicle for business you can also deprecate a percentage of the trucks value every year.

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