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Level 1
Oct 27, 2021 5:01 PM UTC
Question

Mobile Mechanic Mobile Trailer

If an enclosed trailer is being used as a mobile mechnic garage and the expense of the trailer was $10,000, what deductions could be used for that expense in the first year of business (2021)?

 

    1 reply

    John-H2021
    Level 6
    Oct 27, 2021 5:15 PM UTC

    Hi again Dianeth,

     

    For the trailer you would depreciate the cost of the trailer over several years.

     

    Also here is a Mechanic's guide to tax deductions that you may find useful

     

    https://turbotax.intuit.com/tax-tips/self-employment-taxes/a-mechanics-guide-to-tax-deductions/L3u40zInX

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