Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Goals, Business Plans & Entities
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 14 years ago,

User Stats

340
Posts
248
Votes
Chris C.
  • Wholesaler
  • Easley, SC
248
Votes |
340
Posts

Owning a vehicle in an LLC

Chris C.
  • Wholesaler
  • Easley, SC
Posted

I have an LLC for my trailer park and recently purchased a truck. What are the pros and cons of registering this truck in the LLC. The truck will not be used exclusively by the LLC. Along the same lines are there some other creative ideas for maximum tax advantage. Example letting my son start a company that leases the truck to my company. I know there have been post recently about doing this with a lot of the things needed for doing business.