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New Member
posted Jun 6, 2019 5:56:25 AM

I started a motorcycle training and rental business last year. I purchased 2 motorcycles that can be rented. Do I enter the motorcycles as vehicles?

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1 Best answer
New Member
Jun 6, 2019 5:56:26 AM

Yes.  According to the IRS, "A qualified motor vehicle is a passenger automobile, light truck or motorcycle which has a gross vehicle weight rating of 8,500 pounds or less"

2 Replies
New Member
Jun 6, 2019 5:56:26 AM

Yes.  According to the IRS, "A qualified motor vehicle is a passenger automobile, light truck or motorcycle which has a gross vehicle weight rating of 8,500 pounds or less"

New Member
Jun 6, 2019 5:56:28 AM

WHERE DO YOU ENTER IT