Buying a car tax deduction

[Colin Spivey]

I am planning to get my real estate license this summer. I also will have to purchase a vehicle around the same time. If I waited to purchase a vehicle until after I got my license, could I use it as a deduction by saying it is a business expense due to needing a car to drive clients around? If so, what would I need to have/do in order to provide evidence and prove this?

[Ashish Acharya]

Originally posted by @Colin Spivey:

I am planning to get my real estate license this summer. I also will have to purchase a vehicle around the same time. If I waited to purchase a vehicle until after I got my license, could I use it as a deduction by saying it is a business expense due to needing a car to drive clients around? If so, what would I need to have/do in order to provide evidence and prove this?

 There are many variables that go into the deduction for vehicle.- Type, business use %, the weight of the vehicle, Bed length of the truck and such.   

In summary, you might be able to deduct all the costs, or $18,100 and also 25k in sec 179. You are not going to find answers online. Please consult with your tax advisor.