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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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?

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"

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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?

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"