Tax Benefits of Setting Up an LLC [Tax Smart Daily 054]
August 24, 2021
How Investing in Rental Real Estate Reduces Your Taxes [Tax Smart Daily 056]
August 27, 2021

August 25, 2021

Using a Vehicle in a Short Term Rental Business [Tax Smart Daily 055]


In this video, Brandon explains how you can deduct the cost of the vehicle that you purchased for your short-term rental business.

Listen in to learn about:

  • Using Section 179 and Bonus Depreciation to deduct some amount of the vehicle cost
  • Why it is important to track the dates, mileage, and the business purpose of your trips using a business mile log

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