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Question
Can I expense my lawn mower
AI accountant’s answer:
As a tax assistant, I can help clarify when you can expense a lawn mower for tax purposes. Generally, you can expense a lawn mower if it's used primarily for business purposes, such as maintaining the lawn of a rental property, landscaping services, or a similar line of work. If you use the lawn mower solely for personal use, like maintaining your home's lawn, it's not deductible as a business expense. However, if you use the lawn mower for both personal and business purposes, you can only deduct the portion of the expense related to the business use. To determine this, you'll need to calculate the percentage of total use that's related to the business. Keep in mind that any deduction you claim should be reasonable, necessary, and directly related to your business activities. It's important to maintain accurate records of business-related expenses and be prepared to provide supporting documentation if needed.
Comment from reviewer
Michael Eaton, CPA
Not Correct.
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