Car cost 100% write off as 179 expnse

[Alik Levin]

Dear all,

I am readding NOLO's article referenced at the end about how new Tax Law changes 179 expensing.

Do I read it correctly that I can write off a car cost (new or used) 100% using 179 expensing?

My scenario:

- Me and my wife run our rentals ourselves, so it's a business, not investment.

- I buy a car this year that's used at least 50% for business purposes - rentals, showing as my wife is RE broker.

Please advise.

Thank you!

-Alik

https://www.nolo.com/legal-encyclopedia/section-17...