Investors & landlords

The punch line is the sale of the vehicle results in a loss based on the cost basis of vehicle x business use percentage, the sales price x bus use % and total depreciation claimed based on miles each year x the depreciation portion of SMR.  I am hoping the author replies to clarify what she meant.

 

I did not claim any auto expenses or SMR until a year or so after purchasing the car.

 

Please tell me your source from the tax code that provides the information regarding this subject. I am usually successful in researching the tax code but this one stumps me, I can't find the specifics anywhere.