I bought a heavy luxury SUV primarily for my real estate business, how does the Section 179 vehicle deduction actually work for passenger vehicles?

Question

Kohari Gonzalez Oneyear & Brown · Accepted Answer

For a heavy luxury SUV used in a real estate business, the Section 179 treatment often turns on how the vehicle is classified, how much it is used for business, and whether it meets the weight and business-use tests that apply to passenger-type vehicles. The details can vary based on the vehicle’s g For an answer applied to your exact numbers, bring this question to a licensed KGOB CPA in a focused session and leave with a clear next step.