Travel Trailer for business travel

[LizCF2020]

Where and how would we report a travel trailer used for business purposes? My husband is a forestry contractor who works in multiple states throughout the year. He used to sleep in his truck while traveling, but in 2019 he purchased a small travel trailer for $11,000. 

Would this go in as a travel expense OR as a capital asset? And, how would we depreciate it if we put it in one of those categories?

Relevant IRS Info:

-If depreciated as a Capital Asset, I believe it would be considered part of Asset Class 00.26 "Trailers and trailer mounted containers" which have a 5-year class for MACRS and 6 years for ADS... 

-As a travel expense https://www.irs.gov/taxtopics/tc511 says that you can write off "Other similar ordinary and necessary expenses related to your business travel..... operating and maintaining a house trailer." But in this case, how would we depreciate the purchase price properly? 

Thanks for any guidance! 

[ColeenD3]

It is not a travel expense, it should be depreciated. After you set up your business, enter income and expenses, then depreciation is the next section. Enter the asset there.