| Author |
Message |
kehk05
Forums Member
Joined: 16 Mar 2008
Posts: 24
|
#1 · Posted: 17 Mar 2008 14:18
Aloha! I need to get a van and was thinking of leasing it and writing off the monthly payments since it'll be used for my business as well. Am I able to write off the entire monthly payment or a portion of it? Does anyone have any suggestions on how I should go about doing this?
Mahalo!
__________________
Learn to dance hula from home. Visit us at http://www.hulagirlrocks.comLive long, healthy and wealthy. Join us at http://www.livinity.com/15013
|
mountainmom5
Joined: 30 Aug 2007
Posts: 3026
|
#2 · Posted: 17 Mar 2008 17:53
I would ask my cpa on it as it will probably depend on how much you use it for business. I know if you put a magnetic sign on the side as an advertisement, you can deduct most of the payment...
Also go to IRS.com as there is a lot of info on there for small business deductions.
Welcome, by the way!
__________________
|
mountainmom5
Joined: 30 Aug 2007
Posts: 3026
|
#3 · Posted: 17 Mar 2008 17:54
...if you put [url][/url] before and after your link it will make it clickable...
__________________
|
kehk05
Forums Member
Joined: 16 Mar 2008
Posts: 24
|
#4 · Posted: 17 Mar 2008 20:13
Thank you for the information! I really appreciate it.
__________________
Learn to dance hula from home. Visit us at http://www.hulagirlrocks.comLive long, healthy and wealthy. Join us at http://www.livinity.com/15013 |
dmitch31
Forums Member
Joined: 18 Jan 2008
Posts: 250
|
#5 · Posted: 17 Mar 2008 23:44
kehk,
Please come back and let us know what you find out. What you are about to learn could be useful for all of us.
Thanks!
__________________
|
