- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
So yes, you can "write off" the cost of a trailer, but as an asset over time, not all at once.
The above-quoted statement is true except in the event that the rental activity of the associated properties rises to the level of a trade or business (unlikely, but possible).
‎August 7, 2023
10:14 AM