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    Model X IRS 100% Deduction “Hummer Loophole” - 2018 Edition

    Can you pull this off if you do not have an LLC? My wife and I have a rental property that brings in 41k but include it on our personal taxes. If we buy a 90k Model X, does the 179 25k and bonus deduction come off our gross income (that includes the rental) or just the rental income (I assume...