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FREE CAR! Buying A Car With Business Loans! Building Business Credit
WATCH ON YOUTUBE LINK: ⬇️
https://www.youtube.com/watch?v=goz5Fu5OT3E
If you’re a business owner, whether your company is large or small, even if you’re just starting out, there’s a strategy I personally use that can benefit you immensely — buying a car in your business’s name. This approach can potentially require no upfront money and might even be better than using your personal credit. In fact, purchasing a car under your business can help improve your personal credit.
Why You Shouldn’t Own a Car in Your Name
First off, you should never own a car in your real name. I don’t. All my credit cards, cars, and even my house are in business names. This strategy has allowed me to own up to 275 cars under my business, with $8.8 million in business credit. This approach offers significant tax benefits, liability protection, and it’s just a smart financial strategy. This might be the last year you can get a major tax benefit from purchasing a high-end car like a Rolls-Royce, Mercedes G Wagon, or Tesla X. You could write off the entire cost in the first year instead of over five years — essentially making the car free.