Am i able to claim a vehicle during tax season?

[Tyler England]

Im about to buy a 2nd property with plans of expanding further. Im going to be setting up a business account to separate my personal expenses. If i were to buy a truck to help with the business im building but still use it for personal use can i partially claim it during taxes?

Also how does tax season work once i have a business account? Will i receive a separate tax return or will it be bundled with my other taxes? The business account is going to be set up with my social security number.

[Sharon Rosendahl]

I personally track my mileage for business and take the standard IRS per mile amount. I do this since I only have 4 houses right now. I don't use a vehicle often enough to make it worth tracking my personal mileage and deducting that from my total mileage and claiming the vehicle as a business owned vehicle. Make sure you read up on what qualifies for business mileage vs personal mileage.