Article Date:
July 2010


Word Count:
781

 

 

Tax Tips for Section 179 Expensing of a Motor Home


Question

 

I am planning to buy a $113,000 motor home and use Section 179 to expense the entire $113,000.

 

My plan for this year is to use the motor home in my dental practice for two trips to national conventions. I will use the motor home for no other purposes this year.

 

Next year, I will turn the motor home over to an RV franchise that rents motor homes to the public for one-, two-, and three-week vacations.

 

I will show a profit on ... Log in to view full article.

Log in to view full article
Already a subscriber?
 
Email Address

 
Password

Log In Send me my password

You'll be able to read the full article and get instant access to the last few issues of the Tax Reduction Letter

Not yet a subscriber?
 
with a money-back guarantee