Dear Nancy,
Thank you, Thank you, Thank you
What more can I say!
I am going to fire my accountant for not telling me about the accelerated depreciation loophole when I bought my Toyota Tundra two years ago.
I have a question for you. Can I use the accelerated depreciation on a vehicle that I bought new in year 2000? Last year I only wrote off the business use mileage on the Tundra. This year I would like to use the accelerated depreciation loop hole. Can it be done? I know that the vehicle qualifies but I don't know if the fact that I bought it two years ago matters. Also I don't know if the fact that I started depreciating the mileage last year matters. Any Ideas?
I have my eye on the H2 and am considering a future purchase. How do you like it?
Thanks
Dean
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