I am getting ready to buy a truck for pulling and hauling loads, particularly an f350 super duty. I am also wanting to offer a service to people for hauling loads such as construction supplies. Is there a way that I can write off the truck on my taxes? as far as the cost of the truck or at least repairs and milage?
Assuming your country is the United States there is. See schedule C line 9 and the corresponding instructions.
There are many rules associated with this, in some cases the entire purchase can be written off but typically if the truck is only used for business. Most people write off partial usage in the form of credits for mileage.
You are best to consult with a CPA once your business earns a profit. Good luck.