- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
No matter where/how you finance the auto loan it is still just a lien on the car title like a mortgage on your home. You OWN the property you just couldn't pay it all in cash up front, someone else needed to loan you the money.
If this was a restriction the IRS reg would say so ... like it says leased vehicles are not allowed since you are not the registered owner of the car.
‎January 13, 2020
5:09 AM