Max W Posted September 28, 2022 Report Posted September 28, 2022 If a motorcycle is used for business, do mileage rate expenses apply? Quote
BulldogTom Posted September 29, 2022 Report Posted September 29, 2022 15 minutes ago, Max W said: If a motorcycle is used for business, do mileage rate expenses apply? Nope. Automobiles only. Tom Longview, TX Quote
Max W Posted September 29, 2022 Author Report Posted September 29, 2022 Thanks, Tom. I just wanted to be sure before I give the client the bad news. Quote
BulldogTom Posted September 29, 2022 Report Posted September 29, 2022 They can still deduct the travel, they just have to do the mileage log and keep all the receipts and take the percentages. No shortcuts for bikers. Tom Longview, TX 1 Quote
Lee B Posted September 29, 2022 Report Posted September 29, 2022 The definition is "a 4 wheeled vehicle with a GVW of less than 6,000 pounds." Quote
mcb39 Posted October 3, 2022 Report Posted October 3, 2022 Believe it or not, I have a client who has a motorcycle hearse business. Generally, he hauls his cycle to the site of the funeral. We are depreciating the hearse and cycle and taking mileage on the truck. He has a sizeable investment here as this is a glass sided hearse. His business appeals to bikers and sometimes veterans. Really, a rather classy setup. A long line of cycles can follow in the funeral procession. 2 Quote
schirallicpa Posted October 4, 2022 Report Posted October 4, 2022 So, on a side note - does anyone remember when Tim McGraw and Kenny Chesney played a concert in Buffalo years ago, and they got in trouble for stealing a police officer's horse and some other shenanigans. They were both banned from going back to Buffalo, I think. We met someone from Buffalo that told us that Tim McGraw had a brand-new Harley delivered to the lawyer's office that got him out of his mess. Apparently, it has never been driven and sits in this guy's office still. Pretty cool. Quote
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