
10-03-2012, 01:42 PM
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Lateral-g Supporting Member
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Join Date: Jan 2007
Location: South Side Chicago
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Quote:
Originally Posted by Stuart Adams
Be careful. My father was a revenue officer for the IRS. You probably can do some and definitely some of the expenses of using it for business, but you may open a can of worms. The IRS may see this as a way to check out your other business things that were not directly related to the car build and it could snowball into a hassle you don't want.
Build it and write off your expenses, when used for business purposes, would be my advice. The actual build, unless at test vehicle or something would be a little risky IMO.
Seek good professional advice.
Just because you do it doesn't make it legal.
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