Nice, thanks. Any idea how a personal car trade-in effects this?

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Dec 14, 2019
1:17:42pm

JohnnyGJR Starter

Nice, thanks. Any idea how a personal car trade-in effects this?

I would assume it’s just an owner contribution to the business?

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JohnnyGJR

New username: brules
Bio page: JohnnyGJR
Joined: Sep 20, 2008
Last login: Oct 30, 2021
Total posts: 0 (0 FO)

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Messages

Author

Time

Buying a vehicle for business: can you still claim write off if financed?

JohnnyGJR

12/14/19 1:03pm

Yes

Superman21

12/14/19 1:07pm

Nice, thanks. Any idea how a personal car trade-in effects this?

JohnnyGJR

12/14/19 1:17pm

As far as taxes go, my understanding is that the trade-in amount reduces

Superman21

12/14/19 1:25pm

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