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Vehichle used to manage rental properties
I purchased a Truck over 6000lbs in 2024 to manage our rental properties.
The rental properties are under our sole proprietorship LLC however on our tax return, I include the rental income/expenses under my personal tax return and not that LLC.
Where do we enter the purchase cost of this truck under Section 179 for depreciation and deduct the whole thing as expense?
BTW, I see Vehicle expense but it only shows Gas, Insurance, Registration Costs and not the vehicle cost
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March 24, 2025
9:53 PM