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Updated almost 5 years ago, 01/17/2020

User Stats

58
Posts
11
Votes
Colin Spivey
  • Rental Property Investor
  • Nashville, TN
11
Votes |
58
Posts

Buying a car tax deduction

Colin Spivey
  • Rental Property Investor
  • Nashville, TN
Posted

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?

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