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holding periods
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Vehicle Interest Deduction - 0.2 CPE K2 holding periodsA Narrow Deduction With Very Specific Rules. Clients purchasing new vehicles often assume interest on their auto loan is deductible. In reality, the vehicle interest deduction is limited, temporary, and subject to strict eligibility and income rules that can easily be misunderstood. This course gives you the clarity needed to determine when the deduction applies and when it doesnt so you can guide clients accurately during this limited opportunity.
