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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.

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