Tax

Have a tax question? Ask a tax Expert

Connect one-on-one with {0} who will answer your question

Related Tax Questions
If I buy an RV trailer under my name but rent it on Airbnb
If I buy an RV trailer under my name but rent it on Airbnb and rv share 100% of the time under my LLC, can I use the RV cost for tax deduction under section 179? Difference is that the RV title will n… read more
emc011075
emc011075
Tax advisor and Enrolled Agent
Bachelor's Degree
6,687 satisfied customers
I am planning to buy a class RV (6000+ lbs) for business
I am planning to buy a class B RV (6000+ lbs) for business purposes only (or almost only). I also plan to buy another similar one for both business and living. In both cases, I plan to rent out the ve… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
41,577 satisfied customers
I am interested in purchasing a travel trailer RV for
I am interested in purchasing a travel trailer RV for lodging specifically for business use when traveling to conferences, corporate meetings, checking on rental properties, Ect...I have a full time j… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
41,577 satisfied customers
I'm trying to find out if I can use the section 179
I'm trying to find out if I can use the section 179 deduction on the purchase of an motorhome that I will use in my business. I travel a lot for business, and would stay in the RV instead of hotels. … read more
Fred Rook
Fred Rook
Corporate Controller
BSBA
1,058 satisfied customers
Rule 179 allows for accelerated depreciation of an asset in
Rule 179 allows for accelerated depreciation of an asset in this case an Rv that we place in a rental fleet for rental 90 percent of the time and the rest personal use. I understand the we can depreci… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
41,577 satisfied customers
If i use my rv 10 percent of the time personally and 90
If i use my rv 10 percent of the time personally and 90 percent rental business will i still qualify for 179 tax deductions… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
41,577 satisfied customers
I have a question about deductions for section 179. Having
I have a question about deductions for section 179. Having purchased and put into service a fancy portable bathroom(2 stalls!) trailer for $22,000. I need to know if it qualifies as equiptment for my … read more
DK_CPA
DK_CPA
CPA
Master of Science in Accounting & Taxationb
2,514 satisfied customers
Wanted to know What would be 179 depreciation amount
wanted to know What would be 179 depreciation amount available for purchase of used RV for business … read more
Chad EA, CDFA®, CFP®
Chad EA, CDFA®, CFP®
IRS Enrolled Agent, CFP(R),
Master's Degree
4,197 satisfied customers
I am purchasing a new truck and trailer for my new
I am purchasing a new truck and trailer for my new distribution business and was wondering how much of it can be deducted from my taxes… read more
Mark Taylor
Mark Taylor
Certified Public Accountant
Masters
2,563 satisfied customers
I am paying cash for my 2018 RV trailer. It will be my
I am paying cash for my 2018 RV trailer. It will be my primary residence. I don't have any interest I can deduct. I paid cash. What can I deduct being that it's my primary residence … read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
23,416 satisfied customers
I am a real estate broker selling multifamily properties,
I am a real estate broker selling multifamily properties, mostly apartment complexes. I want to expense a used $45,000 RV for use as a mobile office, about 60% business use. I have complete video and … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
41,577 satisfied customers
Depreciation of a travel trailer used in a business.
Depreciation of a travel trailer used in a business. Depreciation method and is this 7yr property? … read more
Mark Taylor
Mark Taylor
Certified Public Accountant
Masters
2,563 satisfied customers
When renting an RV trailer how many years do I depreciate?
I am in the business of renting a RV trailer. It does not have a motor and must be towed behind a vehicle. What category and how many years do I depreciate? Is it eligible for sSection 179? This is a … read more
Tyrone J. Taylor
Tyrone J. Taylor
Masters
52 satisfied customers
I am trying to help a friend with their taxes, which is up
I am trying to help a friend with their taxes for 2014, which is up against the deadline. We keep getting different feedback regarding depreciation of an RV. He bought it in 11/1/2014 for $130,000 and… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
41,577 satisfied customers
Im starting a car rental business. I want to buy 2 cars to
I'm starting a car rental business. I want to buy 2 cars to start with, and buy them 100% in cash out right. Can I utilize section 179 to deduct the full purchase price of both cars, since they are ca… read more
CFEPro789
CFEPro789
Fraud Analyst
Master's Degree
369 satisfied customers
can i deduct depreciation for an rv used fulltime for business
can i deduct depreciation for an rv used fulltime for business? Is it 100% write off? is there any additional depreciation this year? Can I write it all off the first year? can i take it over several … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
41,577 satisfied customers
I am a business owner and want to get an RV for personal use
I am a business owner and want to get an RV for personal use AND to entertain clients. Actually, it's a $20K travel trailer (new). Would it be better to lease the RV for 12 months then buy it for a $1… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
41,577 satisfied customers
I AM A SOLE PROPRIETOR AND JUST PURCHASED AN RV. I OWN ATM ...
I AM A SOLE PROPRIETOR AND JUST PURCHASED AN RV. I OWN ATM MACHINES ALL THROUGH OUT THE STATE OF TEXAS. I USE MY RV IN TRAVELING TO THE VARIOUS LOCATIONS. MY QUESTION IS CAN I DEDUCT THE COST OF THE R… read more
Marvin,EA
Marvin,EA
Enrolled Agent
Bachelor's Degree
1,663 satisfied customers
Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response...

T.G.WMatteson, IL

I WON!!! I just wanted you to know that your original answer gave me the courage and confidence to go into yesterday's audit ready to fight.

BonnieChesnee, SC

Great service. Answered my complex tax question in detail and provided a lot of additional useful information for my specific situation.

JohnMinneapolis, MN

Excellent information, very quick reply. The experts really take the time to address your questions, it is well worth the fee, for the peace of mind they can provide you with.

OrvilleHesperia, California

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!!

AlexLos Angeles, CA

Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult.

GPHesperia, CA

< Previous | Next >

Meet the Experts:

Wallstreet Esq.

Wallstreet Esq.

Tax Attorney

586 satisfied customers

10 years experience

Mark D

Mark D

Enrolled Agent

1,338 satisfied customers

MBA, EA, Specializing in Business and Individual Tax Returns and Issues

Richard

Richard

Tax Attorney

6,039 satisfied customers

29 years of experience as a tax, real estate, and business attorney.

PhillipsEsq.

PhillipsEsq.

Attorney-at-Law

838 satisfied customers

B.A., M.B.A, J.D.

Loren

Loren

Attorney

741 satisfied customers

Over 25 years practicing law

Robin D.

Robin D.

Senior Tax Advisor 4

23,416 satisfied customers

15years with H & R Block. Divisional leader, Instructor

Megan C

Megan C

Certified Public Accountant (CPA)

8,667 satisfied customers

Licensed CPA, CFE, CMA, CGMA who teaches accounting courses at Master's Level

< Previous | Next >

Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Show MoreShow Less

Ask Your Question

x