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VEHICLES: EVERYONE’S FAVORITE DEDUCTION
Leasing means never having to say you’re debt-free.
—EVA ROSENBERG
Autos, trucks, vans, minivans, trailers, SUVs, whatever you’re using, it’s probably one of your most costly assets. It’s also your best source of business deductions, since you’ve got to have a set of wheels for personal use.
Vehicles are essential to your life and your business. Practically everyone has at least one car at home. You may have several, depending on your family size, hobbies, interests, and business requirements.
When it comes to using cars for business, select just one of those vehicles as the business vehicle. When more ...
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