Section 179 Vehicle Purchase with 2 Rental Properties + Multi-family PR

[Jasdeep Singh]

Hi,

I am a NY resident and own:

-Owner occupied multi-family property in NY (Where I live)

-2 Rental properties in the DC/Baltimore area

I commute to these properties every other month or so for maintenance, checking in new tenants, fixing and updating things around the house. Would I be able to purchase a vehicle (say over 6000+lbs), and write off 50% of the 2022+ max allowable deduction if I use my vehicle: a)Some personal amount b)Travelling to DC/MD for rental property maintenance c)Run a 'rental advertisement' on my vehicle d)Upgrade and maintain the multi-family property I live in (does this count as an additional rental since its multifamily)?

I currently generate a net profit from my rental properties, and wanted to know if leveraging Section 179 even partially would allow me to both essentially purchase the vehicle at discount (and spread cost over multiple years), plus write down my rental NI to 0 via the deduction?

Interested to learn more about the application of Section 179 for my type of use cases. Thanks everyone.