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Old 10-12-2014, 11:26 PM   #15
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Writing off Airstream to business

It is doubtful that the entire trailer could be written off as an expense unless it was exclusively used by the business, but a reasonable per diem for each day it is used, (instead of a hotel) in the service of your business is legitimate and reasonable.
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Old 10-12-2014, 11:53 PM   #16
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I purchased my airstream for business for I am an architect and park it on the job site for a project. I use it for other uses also but it is considered the construction trailer. I plan to add graphics like company logo to the airstream soon to advertise my business also. It will be parked on a major thoroughfare where it will be seen by stop and go traffic.

My accountant was fine with the definition of the construction trailer and when not in use for that it is stored in indoor storage which is written off.

Of course, there are the camping trips and vacations that we go on but not very often.

It is written off as a business expense and items we purchase for it we write off. I bring the airstream to clients in the future and provide a promotional event where we will advertise my company and we purchased a portable BBQ and accessories for the event.

Always clear it with your accountant as I have each step.

I did not think about the travel and lodging concept and I can use that as part of the write offs also now.


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Old 10-13-2014, 09:48 AM   #17
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I don't own my Airstream. It's in an LLC, which is registered to my business, which is owned by another LLC which is owned by a Trust.

You figure it out.

Can you deduct it? Maybe if you have a good business plan that involves your Airstream. I kind of put something together that is going to allow me to deduct almost all of our travel expenses.

A lawyer, a CPA and some books are your friends. I find the opinions on the internet to be varied in regards to this. Average people just seem to enjoy over paying taxes and living in ignorance of the tax code.
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Old 01-03-2017, 12:15 AM   #18
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I'm interested in writing it off, if possible, as living quarters. I am a full time traveling medical professional who is sick of extended stay hotels and corporate housing. I am not trying to manipulate. The system for a write off, I literally would be relying on the airstream as a residence that is portable.

Currently I receive a housing stipend. From my understanding, if my monthly rental expenses exceed the stipend amount, I should be able to deduct the difference, correct?
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Old 01-31-2017, 11:24 PM   #19
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You can write off the travel expenses. That's over and above the stipend. Interest as a first or second home on Schedule A. Home office, not unless it is regular and exclusive use. There is a simple calculation for home office for a couple years. Read the home office rules about home office at IRS.gov.

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Old 02-01-2017, 06:05 AM   #20
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Best to discuss with a cpa..
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Old 02-01-2017, 07:57 AM   #21
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Originally Posted by Gary W Wong View Post
I purchased my airstream for business for I am an architect and park it on the job site for a project. I use it for other uses also but it is considered the construction trailer. I plan to add graphics like company logo to the airstream soon to advertise my business also. It will be parked on a major thoroughfare where it will be seen by stop and go traffic.

My accountant was fine with the definition of the construction trailer and when not in use for that it is stored in indoor storage which is written off.

Of course, there are the camping trips and vacations that we go on but not very often.

It is written off as a business expense and items we purchase for it we write off. I bring the airstream to clients in the future and provide a promotional event where we will advertise my company and we purchased a portable BBQ and accessories for the event.

Always clear it with your accountant as I have each step.

I did not think about the travel and lodging concept and I can use that as part of the write offs also now.


Sent from my iPad using Airstream Forums

You shouldn't be getting a tax break on the vacation/camping trips no matter how infrequent. Otherwise they are subsidized by the rest of us.
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Old 02-01-2017, 08:11 AM   #22
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You shouldn't be getting a tax break on the vacation/camping trips no matter how infrequent. Otherwise they are subsidized by the rest of us.
That's not even a peanut compared to what corporations do.

http://www.huffingtonpost.com/2013/0...n_3307591.html
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Old 02-01-2017, 09:01 AM   #23
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Suggest you talk to a proper lawyer/cpa for legal information. I know a travel nurse that has set up an LLC for her business. She travels the country in a small MOHO.
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Old 02-01-2017, 09:27 AM   #24
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That's not even a peanut compared to what corporations do.

http://www.huffingtonpost.com/2013/0...n_3307591.html
That doesn't justify anything.
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Old 02-01-2017, 09:52 AM   #25
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Random thought to expand on the advice to actually discuss this with professionals who know what they're talking about

There's a difference - and possibly a thin line - between tax avoidance and tax evasion. Imagine the tax code like a fence around a property. You should know your level of risk tolerance and the expertise of the tax advisor you choose because it's great to have someone (say an EA/Enrolled Agent) who is exceedingly deep with tax code to help you get as close to that fence as possible - keeping you in bounds - vs. someone who might take you beyond the boundary of the fence without your knowledge or consent. The former is using the law to avoid paying taxes you don't need to. The latter is evading taxes you should have paid but didn't.

Whether your personal preference/risk tolerance is to be 50' away from the fence at all times or 1' away from the fence - align yourself with professionals who can honor that and do well for you.
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Old 03-24-2017, 12:27 PM   #26
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Interesting thread, difficult subject.

Many sole-owner LLCs establish the LLC format for the purposes of minimizing potential losses in our litigious society. For that reason, the LLC intentionally retains very little in the way of its own assets. That strategy kind of goes out the window if an Airstream is transferred to an LLC.

My husband and I just finished a lithium system and my rough plan is to work out of our rig much more frequently now that I can run a full-sized workstation on the sun alone, which is one of the reasons why I'm now reviewing the threads in this sub-forum.

However there's no way that I would expose our rig to corporate ownership, either via my existing LLC or a separate one designed to "rent" the rig or whatever. I'm not an attorney, but my general understanding is that, as soon as that thing is owned by an LLC, it's subject to potential future legal judgments. It's vulnerable in a way that it is not, if it instead remains our personal property unconnected with my business.

In other words, this isn't just about taxes. This is also about exposure. If I were purchasing an unmodified Airstream off a dealer's lot with the express purposes of using for business, I might feel differently because it would simply be a generic asset. But our rig has become a long-term custom project shared by my husband and I. I'd rather eat the cost of it than expose it to a potential future settlement in which it might be awarded to someone else.

I've been in business for myself 11 years now and I've never been sued, but one cannot ignore the possibility. But of course, some career fields are more litigious than others, and mine ranks moderately high (technical consulting). If someone is selling their own crafted products or whatever, maybe they would assess their own risk as being lower.
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Old 03-24-2017, 04:22 PM   #27
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Originally Posted by BoldAdventure View Post
I don't own my Airstream. It's in an LLC, which is registered to my business, which is owned by another LLC which is owned by a Trust.

You figure it out....... Average people just seem to enjoy over paying taxes and living in ignorance of the tax code.
Does that make you below-average?

As a proud American I pay the taxes I owe and glad they support veterans, my freedom and the infrastructure of this special country.
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Old 03-24-2017, 05:03 PM   #28
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Don't forget, if you claim it's for business, and then when you sell it you have to recapture any money as a reduction to your expense. Also, If you use it 50% business, then you can only write off 50%.
However, I'd look into a second home deduction. It meets all the criteria, especial if you have interest on a loan.
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