Thanks for your reply.
Am I allowed to depreciate the car with section 179 though? I was looking to reimburse myself for the actual expense of the vehicle instead of mileage. Is it possible to just reimburse myself $600 every month under an accountable plan to cover my insurance/gas/finance with interest fees?
I am only going to drive the car for less than 2000-3000 miles yearly. I do not think I would be saving any money doing the mileage deduction. If I cant use section 179, would it be best to lease the vehicle to my own company? That way myself(the lessor) can deduct things such as maintenance, depreciation cost, insurance etc?
