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Investors & landlords
Yes, that is the chart that I used! Hopefully I have it all straightened out now. Next comes the trade-in vehicle used in both businesses - ugh - hopefully it will go smoother.
I do not know if you are able to answer this question, but I still own two vehicles that are available for use in business. After this fiasco, would it be best to remove one from service and convert to personal use now (it has not been used in 2022 as of yet) on my 2021 taxes or wait until I file my 2022 return? I want to simplify by only using one vehicle for business in the future.
Many thanks again for the help!
‎February 2, 2022
12:16 PM