Been wondering about this.
If you own a business and you purchased your classic truck to be used as either a shop truck, for advertising and promotion purposes, etc...
couldn't you then claim 100% depreciating deductible on the vehicle to include all repairs/restoration as tax write off for your business assuming you aren't using the vehicle for personal use?
any accountants or business owners in the house with some experience doing this or knowledge on the subject?
obviously the standard disclaimer applies... *contact your tax professional for specific advice*
