About to order a Jeep opinions are welcome - Page 2 - Jeep Wrangler Forum
Jeep Wrangler Forum

Go Back   Jeep Wrangler Forum > JK Jeep Wrangler Forum > JK General Discussion Forum

Join Wrangler Forum Today


Reply
 
Thread Tools

Please support our sponsors and let them know you heard about them on WranglerForum.com
Old 02-16-2013, 01:17 PM   #31
Jeeper
 
Join Date: Feb 2013
Location: NE, OH
Posts: 33
Quote:
Originally Posted by NFRs2000NYC View Post
One last comment....I notice you said this will be a business vehicle...if you are going to write it off on your taxes, it may make sense to get the AEV package. You can write the car off, but wont be able to write the mods off later.

After looking into it this may just be the case "paper trial" that I will have to handle and would be a ton more if I started upgrading a company vehicle on and off. I think the IRS would pull some "red flags" and call it BS. I would imagine needing to document why I needed such purchases even if I tried to write it off. It would be cleaner to go with the turn-key package from AEV.

After listening to you folks, doing more research and talking to my accountant. It appears to be a better route to get everything done now and not later. If this was a personal purchase I would have a little more fun and build it slow.

Thanks for your comments they were helpful on my research!

EdgeJeep is offline   Quote
Old 02-16-2013, 01:35 PM   #32
Jeeper
 
coalpines's Avatar
 
Join Date: Mar 2012
Posts: 37
I write of mods on my Jeep and GMC 2500 HD diesel as auto parts? Is there a problem with that?

__________________
It's a business vehicle.
coalpines is offline   Quote
Old 02-17-2013, 12:45 AM   #33
Jeeper
 
Join Date: Feb 2013
Location: NE, OH
Posts: 33
Quote:
Originally Posted by coalpines View Post
I write of mods on my Jeep and GMC 2500 HD diesel as auto parts? Is there a problem with that?
I would ask your accountant because I know depending on your situation it could be different. Like if you own farm equipment and it's used 100% towards your business and can't be used for any other reason but business then it could but deducted at a full rate. But, if something like a road vehicle and it can be used for personal reasons you get into a gray area on what you can deduct % wise. Like is it better to deduct miles or the cost of the vehicle depending on miles you put on. Just to make sure you cover your arse I would verify what you can deduct and your options. I know this may not be much help but it's kind of confusing. So I would check with your accountant to make sure if your golden on how you deduct.

EdgeJeep is offline   Quote
Reply

Tags
aev , jeep order , rubicon

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off




Download our Mobile App

» Featured Product

All times are GMT -5. The time now is 12:30 AM.



Jeep®, Wrangler, Liberty, Wagoneer, Cherokee, and Grand Cherokee are copyrighted and trademarked to Chrysler Motors LLC.
Wranglerforum.com is not in any way associated with the Chrysler Motors LLC