ke6gyd
New Member

Business & farm

Got it re: the basis.  Question.  If the vehicle, over the life of it since 2001, was only used 7.6% of the total miles on the vehicle miles for business, would the basis take that that into account? In other words, originally, the vehicle cost $35000 when purchased new and business use was first started.  Could the original basis be on 7.6% of the original purchase price.