🤯 I really wrote off my Tesla Model X #tesla #taxwriteoffs #airbnbbusiness

3.3K viewsabout 3 years ago0m 38sScore: 75

Jorge Contreras | Airbnb Arbitrage

Pricing & Profitability
intermediate
Tax Strategy
Expenses

Summary

Jorge Contreras shares a tax strategy he used to write off his Tesla Model X, explaining that under the right circumstances, business owners can depreciate the entire purchase price of a vehicle in year one. To qualify, the vehicle must weigh 6,000 pounds or more and be used primarily for business purposes.