My husband bought a non-working antique truck that he will restore and use for business. How do I enter that into the taxes? An asset, inventory, or company vehicle?

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My husband bought a non-working antique truck that he will restore and use for business. How do I enter that into the taxes? An asset, inventory, or company vehicle?

company vehicle

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My husband bought a non-working antique truck that he will restore and use for business. How do I enter that into the taxes? An asset, inventory, or company vehicle?

company vehicle

My husband bought a non-working antique truck that he will restore and use for business. How do I enter that into the taxes? An asset, inventory, or company vehicle?

Even though it is does not work at the moment?

My husband bought a non-working antique truck that he will restore and use for business. How do I enter that into the taxes? An asset, inventory, or company vehicle?

Yes if the intent is to restore it and use it.

My husband bought a non-working antique truck that he will restore and use for business. How do I enter that into the taxes? An asset, inventory, or company vehicle?

Thank you very much!

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