How do I deduct a bicycle used for business

[Dreammaker]

I am a sole proprietor who sells on marketplaces like eBay.  I purchased a bike and have another bike, plus expenses that are used 100% for delivering packages to the shippers.  Would the bike, maintenance and parts be a Miscellaneous expense? Vehicle expense? Some other kind of deduction?

[Vanessa · Accepted solution]

You would enter the bike as an asset and either depreciate or expense it depending on the cost. 

[Dreammaker]

Thank you =D