Deduction

[Bjns935]

I have a small, small Business. I have a 1997 RV that I lived in up until six months ago while I was building my house. May I take the cost of the RV, determine number of years depreciation, and use as a office deduction in my business? The RV is about 50% payed off. (Texas)

 

[loku]

RV as home office

If you use the RV as your home office and you do not use it for any other purpose, then you can deduct the depreciation on it as a business expense.

 

[Bjns935]

Loku, thank you very much!