Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Path: utzoo!watmath!clyde!burl!ulysses!allegra!mit-eddie!think!harvard!seismo!brl-adm!brl-smoke!ron From: ron@brl-smoke.ARPA (Ron Natalie ) Newsgroups: net.taxes,net.legal Subject: Re: A taxing question Message-ID: <1751@brl-smoke.ARPA> Date: Wed, 12-Mar-86 19:12:04 EST Article-I.D.: brl-smok.1751 Posted: Wed Mar 12 19:12:04 1986 Date-Received: Sat, 15-Mar-86 18:24:41 EST References: <743@ihlpm.UUCP> Distribution: net Organization: Ballistic Research Lab (BRL) Lines: 15 Xref: watmath net.taxes:1095 net.legal:3114 > > I am thinking of going into a part time (for now) > business (home remodeling), business checking > account, business cards, letter heads etc, the > whole schmear. I am also in the market for an > car or truck. Question: If I buy a truck, can > I use it for tax purposes, i.e. depreciation > as a business expense? Also, does it matter > that I'm in business part time? Any other > particulars will be appreciated. > What matters more is whether the truck is going to be used solely for the business or if you are going to use it for personal use as well. -Ron