is interest on auto loan deductible?

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For personal use vehicle? No. Or are you self-employed, using the car for your business?

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

1 room is used as my office for our LLC. Home is 2,117 sq ft. How do I figure the amount of a deduction? Is it a portion of interest paid or is it a % of mortgage?

in Deductions & credits

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