Detroit rapper Peezy wrote a 200k pink truck as a tax write off. Is this cap?

[valet]

Is she accurate? Or is this scamming?

 

[Savvir]

You can write off 100% of a vehicle as an expense if it's bought under your business....

but that commercial car insurance gonna be whooping yo ass

 

[Ed MOTHERFUCKING G]

Why the fukk would they name their consulting business Ghettouniversity

 

[Oatmeal]

Ghetto University


Don Diego probably the dean

 

[Bumblebreh]

You can write off 100% of a vehicle as an expense if it's bought under your business....

but that commercial car insurance gonna be whooping yo ass

Or if the car is a business lease. But it is not that much of a flex because if you are paying the dealership retail price, and you add on the interest and deduct the depreciation. There is little financial gain. The balloon payment on a car like that would be insane. But you cannot claim any vehicle as a tax write off.

 

[Solomon Lurke]

I figured more that they were going to come from the angle of it being over 6000 pounds. Seems believable though.

 

[Formerly Black Trash]

Is she accurate? Or is this scamming?

Believe ghettouniversity bruhs

 

[Mordith]

 

[blockburna420]

g wagon type shyt? D nikkaz move different

 

[chineebai]

As a business owner the answer is yes you can write off your personal vehicle if you use it for business but typically it’s never 100%. Like you’re bound to use your vehicle for personal reasons too. Look at trump, he uses his haircuts as an expense.

 

[blockburna420]

 

[Splakavellie504]

DONT YOU LISTEN TO THESE FUNKY ASS NIKkAS TELL YOU shyt!!!!!! Salute Minister Jap and JT