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Originally Posted by blondboinsd
They closed that loophole a few years ago, you can still write off your lease payment thou. I wrote off my Range Rover this year but I couldn't write off 70% it was way less.
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as of this april when i closed my 05 taxes that law was still on the books although back then i heard they were gonna change it soon for 06. As far as i know its still good for 06 but then again i havent checked into it since april. But i definately did it in 05.
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Dinan M3
2006 X5 4.4i Sport Current Vehicle
2006 CLS 55 AMG Current Vehicle
2010 FORD F-450 King Ranch Current Vehicle
2012 GL 550 Current Vehicle
1999 M3 Dinan S3 SOLD
2001 M3 Dinan S2 SOLD
2002 M5 SOLD
2004 X5 4.4i sport SOLD
2007 335 XI Lease ended
2009 E92 M3 SOLD
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