mgiansante14
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Yes, I have a car that I pay $300 a month for. If I were to lease that car to my friend for $300 a month, can I expense my $300 payment like I do with my other ...
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Thanks for the quick response!So I wouldn’t be able to deduct the car payment as a business expense, even though the vehicle is being used 100% for business?
Activity Feed for mgiansante14
- Posted Mortgage and Property Tax Deduction for deceased parent on Get your taxes done using TurboTax. March 6, 2024 1:41 PM
- Posted Re: Leasing my car to my friend on Get your taxes done using TurboTax. December 5, 2023 6:51 PM
- Posted Re: Leasing my car to my friend on Get your taxes done using TurboTax. December 5, 2023 5:54 PM
- Posted Leasing my car to my friend on Get your taxes done using TurboTax. December 5, 2023 2:16 PM