Any Accountants Out There???

[98 SNAKE EATER]

I hate to bring up old threads, but this one is definitely worth doing because of all the useful info

We're actually considering doing this right now, but we still have a few questions...

I already know that I'll be able to write off up to $36K of the price, but can this be done partially over the time of financing?

In other words, instead of writing off a full $24K the first year and $12K over the next, could we finance the vehicle for say 6 years and deduct $6k for each year?

And how about deducting interest on payments and cost of maintenance?

Oh yeah, please type s l o w....

I failed basic math in HS



Rick