Originally Posted by Eclipse
Judging by the question, my quick answer is no.
Who currently owns the bronco? What type of entity is your business, sole prop? partnership? LLC? Corporation?
i agree....just take the vehicle and use it for business use only and just write off the $4500 with depreciation of course.
no need to sell to anyone to get the credit.
of course that's how it works with an S-corp. not sure if it can be applied to every kind.