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08-31-2004, 03:19 PM

08-31-2004, 03:29 PM
given that you do have a registered company name

08-31-2004, 03:29 PM
it is considered a business expense. unless you are buying a big suv then its better to purchase because of the whole big suv tax loophole.....


08-31-2004, 03:55 PM

08-31-2004, 04:34 PM
Registered company name has nothing to do with it. You can be a sole proprietor with no company name and still take a deduction.

08-31-2004, 05:31 PM
Ask your tax advisor for specifics. For me, I get a better advantage in the long run when I buy. For others, leasing may be a better option.Pedro

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