I am an independent contractor. I would like to purchase a 6,000+ lb. vehicle and use the section 179 deduction in 2018. Can the vehicle be in my name personally?

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If you operate your business as a sole proprietorship or as a single-member LLC, you can buy the vehicle in your personal name and benefit form the section 179 deduction.

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How do I deal with conversion of a vehicle fully depreciated using special depreciation deduction in 2021 from business to personal use. I am not selling the vehicle.

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I am an independent contractor. I would like to purchase a 6,000+ lb. vehicle and use the section 179 deduction in 2018. Can the vehicle be in my name personally?

I am an independent contractor. I would like to purchase a 6,000+ lb. vehicle and use the section 179 deduction in 2018. Can the vehicle be in my name personally?

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I am an independent contractor. I would like to purchase a 6,000+ lb. vehicle and use the section 179 deduction in 2018. Can the vehicle be in my name personally?

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I am an independent contractor. I would like to purchase a 6,000+ lb. vehicle and use the section 179 deduction in 2018. Can the vehicle be in my name personally?

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