Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 8 years ago on . Most recent reply
Tax questions. Rental property and buying a truck
I need/want a pickup truck and was wondering if I would be able to write it off as an expense for the rental property. I own a 2 family and would use it mostly for work around the house. I would like to mention I live on one side of the unit. Thanks for your time.
Most Popular Reply
Natalie Kolodij
Tax & Financial Services
Pro Member
- Tax Strategist| National Tax Educator| Accepting New Clients
- 4,442
- Votes |
- 3,697
- Posts
Additionally for what it's worth:
A. Home depot/Lowes have trucks you can rent
B. Both will deliver larger material purchases
C. You can rent a uhaul pickup and that would be a tax deduction
Costs for any of those I'd take as tax deductions
Kolodij Tax & Consulting