{ "media_type": "text", "post_content": "Tax Q! My uncle is a professional painter. He claims his basement studio as his office and also expenses any hotels and plane costs for when he travels to paint on his taxes. He recently purchased a camper van to travel around the US because COVID. Would he be allowed to deduct the purchase price or in some way claim the camper as an expense against his income?", "post_id": "601d85f4be1d540022a7e9cd", "reply_count": 4, "vote_count": 1, "bowl_id": "564a5cdb94887803001dd07c", "bowl_name": "Accounting", "feed_type": "crowd" }

Tax Q! My uncle is a professional painter. He claims his basement studio as his office and also expenses any hotels and plane costs for when he travels to paint on his taxes. He recently purchased a camper van to travel around the US because COVID. Would he be allowed to deduct the purchase price or in some way claim the camper as an expense against his income?

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Yes. We do this for client (Sch C) based on the % of his personal vs business use of the vehicle (depreciation).

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Depreciate the camper over 5 years and apply a % of business use to the total to expense to determine the allowable deduction

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It might be better to have his company rent the camper from him personally when he uses it for work. This obviously depends on how his company is formed, but this might provide him higher after tax income than the depreciation approach.

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I am a tax professional but not EA or CPA. I haven't worked on very complicated returns but I would think he can write off exps if exclusively for business purposes. But if he uses camper van it for personal and business both purposes, he may just want to claim mileage on it that he has driven for work purpose. There are some other rules to this also. I would advise to check with your tax preparer or cpa and they will help you with exact answers based on the situation.

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