Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

MOTOR HOME DEPRECIATION

BENDER
Level 1

If I purchase a new motor home in 2019 for $130,000 & use it 100% for business can I deduct the full price using 100% additional depreciation ???

0 Cheers

This discussion has been locked. New comments cannot be posted on this discussion anymore. Start a new discussion

1 Solution

Accepted Solutions
IntuitJim
Employee
Employee

Bender, thank you for joining community!

Interesting question or tax planning strategy. If you are depreciating it as a business vehicle, it is not subject to luxury auto limits and the answer appears to be yes. Bonus depreciation applies to personal property with a useful life of less than 20 years.

Motor homes are often treated as second residences, or even home offices. If you treat the MH as 100% business, make sure the taxpayer has another residence and isn’t only sleeping in the business vehicle, which would indicate personal use. Good luck!

View solution in original post

1 Comment 1
IntuitJim
Employee
Employee

Bender, thank you for joining community!

Interesting question or tax planning strategy. If you are depreciating it as a business vehicle, it is not subject to luxury auto limits and the answer appears to be yes. Bonus depreciation applies to personal property with a useful life of less than 20 years.

Motor homes are often treated as second residences, or even home offices. If you treat the MH as 100% business, make sure the taxpayer has another residence and isn’t only sleeping in the business vehicle, which would indicate personal use. Good luck!