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New Member
posted Mar 13, 2020 4:48:40 AM

I bought a commercial garage for personal use in 2019. It was a cash transaction. Is any part of that new purchase a writeoff on my tax return?

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1 Replies
Expert Alumni
Mar 13, 2020 5:04:48 AM

No. 

 

If you were using the garage for business purposes or if it were placed in service on a rental property, then the answer would be yes.  Personal use is not a deduction though.