Pickup Over 6,000 GVW Listed Property?

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  • Bobby
    Member
    • Feb 2008
    • 37
    #1

    Pickup Over 6,000 GVW Listed Property?

    Does a PU with a Gross Vehicle Weight sticker on the door have to
    be depreciated as Listed Property, and keep a log on the miles, it is used 100% business
    Bobby
    Tags: None
    • Jiggers
      Senior Member
      • Sep 2005
      • 1973
      #2
      If it is over 6,000 pounds, there are no dollar limits on the depreciation.

      However, you do have to have substantiation for the business mileage.
      Jiggers, EA

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