How do I write off my build on my business taxes?
Hello All, I would like to know if anyone has used their build as a tax write off for their business? I am sure this can be done, but I am wondering if you call it "Advertising" or use some other type of expense. I am currently having an outside shop do some of the bigger things on the car, and I have a nice list of parts I will need to purchase to complete the build as well. Any ideas would be greatly appreciated. One thing that may help my situation is that one of my businesses is in the motorsports arena.
Thanks in Advance, Chris
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Thanks Chris
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