Promaster City passenger van may be eligible for up to
$11,560 in total deductions in year 1. The listed property expensing
restrictions provided in Section 280F do not apply to a vehicle that is
considered to be a qualified nonpersonal use vehicle. A qualified
nonpersonal use vehicle is by virtue of its nature or design not likely
used more than a de minimis amount for personal purposes. For more
information, see Income Tax Regulation Section 1.280F-6(c)(3)(iii).
Income Tax Regulation Section 1.274-5(k)(7). Publication 946 - How to
Depreciate Property and consult your tax advisor as to the proper tax
treatment of all business-vehicle purchases.