Mobile Mechanic Mobile Trailer

[dianeth]

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)?

[John-H2021]

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/L3u40...