# Purchase Method for Vehicle (RV) for Business Use

**URL:** <https://discussion.mainstreetbusinesspodcast.com/t/purchase-method-for-vehicle-rv-for-business-use/139>\
**Category:** Tax Strategies\
**Created:** [October 28, 2022, 5:41pm UTC](https://discussion.mainstreetbusinesspodcast.com/t/purchase-method-for-vehicle-rv-for-business-use/139 "2022-10-28T17:41:12Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![75transam](https://avatars.discourse-cdn.com/v4/letter/7/0ea827/32.png) [@75transam](https://discussion.mainstreetbusinesspodcast.com/u/75transam)\
**Post date:** [October 28, 2022, 5:41pm UTC](https://discussion.mainstreetbusinesspodcast.com/t/purchase-method-for-vehicle-rv-for-business-use/139/1 "2022-10-28T17:41:12Z")

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Hey guys! Great stuff you all put out and very informative! I have a question that I can’t seem to find a concrete answer to and I’m sure there’s no one better to ask than you two!

I am considering the purchase of a used RV/motorhome from a private seller to use for my “side” technology and training business. My business (LLC) is less than 5 years old and I don’t have any business credit yet. However, my personal credit scores are excellent (\>800). I’m trying to determine if there are any downsides to purchasing the RV _personally_, rather than through my business.I will be financing the purchase.

I want to make sure I receive all of the advantageous write-offs and deductions possible to offset my income, which has been really hitting me hard since I am also a W-2 employee at my full-time career. The business use of the vehicle would be greater than 80% and after running some numbers, I plan to take the Actual Expenses method for this percentage of the expenses.

If I purchase the RV under my personal name, would I still be able to take the vehicle depreciation for the business use of the vehicle, and would I still be able to deduct the monthly financing payments?

Thank you for your willingness to answer questions like these and keep up the awesome work!

-Mark
