Beginners

How to Buy a Car in an LLC

You probably already know the importance of making business purchases in order to lower your overall tax burden. But sometimes, it can be difficult to determine what kinds of purchases can serve as legitimate business expenses. Recently, one of our listeners asked about the idea of purchasing a vehicle as a business expense.

In this video, we’re sitting down to discuss the conditions under which it is legitimate to purchase a car as a business expense. We’ll talk about the importance of buying expenses with pre-tax dollars, how to organize your business purchases, and more!

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DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different. These videos are for educational and inspirational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. There is no guarantee of gains or losses on investments.

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