- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Bought used Tesla for business 2023
I bought used Tesla model 3 2014 for business $20k
I can’t claim EV? Since it’s used and probably original owner already claimed it. But I thought credit is given when car isn’t for resale. Since it was sold, does original owner payback and new owner gets it?
if not, can I buy new Tesla for $40k, get $7.5k credit and sell it?
I can’t deduct it as section 179 since it’s less than 6k lbs?
what else can deduct as car expense? I known about the miles, small expense.
looking big ticket items deductions
Topics:
July 15, 2023
4:31 PM