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Old 03-26-2008, 07:48 AM
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Join Date: Mar 2008
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Auto Lease

If I lease a car in my name (instead of my company name) can I still deduct the lease payment, down payment, insurance, etc. as an expense to my company? The car would be used for about 90% business, 10% pleasure.

I ask because commercial auto insurance is more than double personal auto insurance (at least based on the quotes that I got). I'm looking to save a few bucks on insurance.


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