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    3 Replies Latest reply on Oct 15, 2009 12:44 PM by bm911tax

    business use of vehicle - rental real estate

    Jose263 Newbie

      I own/manage a rental property - but am not a real estate pro - I believe that qualifies as 'active' participant - if i purchase an SUV >6000lbs, place in service in 2009, and use it >50% in connection with the income producing rental activities...
      Is the vehicle eligible for 179 deduction?
      Is vehicle eligible for special bonus depreciation (assume vehicle is in extended Go zone) Is bonus depreciation subject to SUV limits?
      I guess what i'm asking is - does mileage driven for rental qualify as business mileage?