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Updated about 7 years ago,

User Stats

144
Posts
218
Votes
Brian Zaug
  • Lagrangeville, NY
218
Votes |
144
Posts

Can I claim new truck as business expense

Brian Zaug
  • Lagrangeville, NY
Posted

So I recently purchased 2 duplexes.  I manage these properties myself and they are about a half hour away from my home.  These houses need a bit of fixing and i'm able to do most of the work on weekends. 

Problem is, I drive a Hyundai. I'm going to buy a new truck which I'm so pumped about! First truck. Thinking a new Ram 1500 Sport. Anyway, am I able to claim that entire truck as a business expense? I have an LLC formed. I'm not a professional in real estate, just a broke teacher with 4 kids doing this on the side.

Thanks

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