Does mileage matter for section 179 qualification?
I own my business and I have one client in town that I visit twice a month for around 30 miles total driving, so it would only be ~2,000 miles for the year once they go back in office likely June/July.
So, can I buy a model X, park in in my driveway and basically never touch it except the 2-3 times a month I see my client and then at the end of the year, write it off 100% and on Jan 1 2022 be able to use it freely as a normal daily driver?
Also, can I just buy the car in December only put ~50 miles on it and then write it off 100%?
I own my business and I have one client in town that I visit twice a month for around 30 miles total driving, so it would only be ~2,000 miles for the year once they go back in office likely June/July.
So, can I buy a model X, park in in my driveway and basically never touch it except the 2-3 times a month I see my client and then at the end of the year, write it off 100% and on Jan 1 2022 be able to use it freely as a normal daily driver?
Also, can I just buy the car in December only put ~50 miles on it and then write it off 100%?