Saturday, May 2, 2009

IS BUYING A CARGO VAN CONSIDERED PROPERTY I CAN WRITE OFF?


QUESTION:

I bought a cargo van for my business and in my taxcut software the only place I can find where I could try to get a deduction other than for mileage is in the property section but it doesnt say what kind of property is not considered so I am thinking I cannot claim it


JOHNNYDOLLAR ANSWERS:

It is pending two things.

1. Is it windowless?
2. Will you be selling candy to children from it?

If you answered yes to those questions. You're in for a tax break!


Source(s):
Personal Experience

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