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Transferring business vehicle from my LLC to personal
Currently, my vehicle is under my LLC and used 100% for business purposes. I've owned the vehicle for 2 years and used the section 179 bonus depreciation for the 2 years its been owned. I want to soon transfer the vehicle completely out of my LLC to my personal. What would be the easiest way of doing this? And is it a better idea to just keep it in my LLC and use it for more that 50% business purposes?
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May 5, 2025
11:04 AM