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Can I trade in my business car (under my dad's landscaping business) for a new personal car? What are the tax implications on this?

I don't want to transfer the title from the business to me because I would have to pay taxes on this transfer, so can I trade in the business car for a new personal car? What is the process for this?



Submitted November 04, 2021 at 08:00AM by McBuddie https://ift.tt/3mLza00

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