Uploaded October 2025 | Updated September 2026, 1 week ago
Why do so many wealthy people drive Range Rovers (and other heavy SUVs)?
It’s not just about style.
It’s about the tax code.
Under Section 179, if you own a business and drive a vehicle over 6,000 lbs (like a Range Rover, G-Wagon, Escalade, etc.), you may be able to write off part of the cost on your taxes.
✅ The catch?
- You must use it at least 50% for business.
- You can only deduct the business-use percentage.
- Fall below that 50% anytime in its 5-year useful life, and the IRS can hit you with a big tax bill.
Too many people buy these vehicles for personal use, thinking it’s a free write-off — when in reality, it can backfire.
Excellent analysis by @taxleverage
Moral of the story: Yes, there are big tax perks for business vehicles… but you need to do it right.
Always get advice from a qualified tax professional before trying this strategy.
#writeoff
Would you like to learn more about protecting your assets and minimizing taxes? Schedule a free consultation here: aba.link/dvl
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Download Your Digital Copy Of
Infinity Investing: How The Rich Get Richer And How You Can Do The Same 👉 inf.link/8zu
OTHER ANDERSON ADVISOR EVENTS
Learn a rich selection of subjects like tax and asset protection, business, investing, and more. Our attorneys and other skilled experts will help you learn what you need to know in order to better your chances of success in your professional life.
aba.link/tobyevents
~~~~
FINANCIAL PLANNING & TAX RESOURCES
📚 Order Your Copy of "Infinity Investing: How The Rich Get Richer And How You Can Do The Same" Here: 👉👉 👉 aba.link/IIWbook
Order Your Copy of ”Tax-Wise Business Ownership" and find greater success by taking advantage of tax laws for your business. Here 👉 aba.link/tobyshop
Visit Anderson Advisor's website for content, like articles, podcasts, and more that we publish alongside my channel. 👉 aba.link/tobyaba
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LinkedIn: aba.link/linkedin
TikTok: tiktok.com/@tobymathisesq
~~~~
CONTACT US
Phone: 800.706.4741
Email: info@andersonadvisors.com
Fax: 702.664.0545
ABOUT TOBY MATHIS
Toby Mathis, Esq. is the best-selling author of Infinity Investing: How the Rich Get Richer And How You Can Do The Same. Toby is a tax attorney and founded Anderson Business Advisors, one of the most successful law, tax, and estate planning companies in the United States. Learn more at aba.link/tobyaba
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WARNING: I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name, and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture.
The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.
Why do so many wealthy people drive Range Rovers (and other heavy SUVs)?
It’s not just about style.
It’s about the tax code.
Under Section 179, if you own a business and drive a vehicle over 6,000 lbs (like a Range Rover, G-Wagon, Escalade, etc.), you may be able to write off part of the cost on your taxes.
✅ The catch?
- You must use it at least 50% for business.
- You can only deduct the business-use percentage.
- Fall below that 50% anytime in its 5-year useful life, and the IRS can hit you with a big tax bill.
Too many people buy these vehicles for personal use, thinking it’s a free write-off — when in reality, it can backfire.
Excellent analysis by @taxleverage
Moral of the story: Yes, there are big tax perks for business vehicles… but you need to do it right.
Always get advice from a qualified tax professional before trying this strategy.
#writeoff
Would you like to learn more about protecting your assets and minimizing taxes? Schedule a free consultation here: aba.link/dvl
---------------------------------------------------------------------------------------------------------
Download Your Digital Copy Of
Infinity Investing: How The Rich Get Richer And How You Can Do The Same 👉 inf.link/8zu
OTHER ANDERSON ADVISOR EVENTS
Learn a rich selection of subjects like tax and asset protection, business, investing, and more. Our attorneys and other skilled experts will help you learn what you need to know in order to better your chances of success in your professional life.
aba.link/tobyevents
~~~~
FINANCIAL PLANNING & TAX RESOURCES
📚 Order Your Copy of "Infinity Investing: How The Rich Get Richer And How You Can Do The Same" Here: 👉👉 👉 aba.link/IIWbook
Order Your Copy of ”Tax-Wise Business Ownership" and find greater success by taking advantage of tax laws for your business. Here 👉 aba.link/tobyshop
Visit Anderson Advisor's website for content, like articles, podcasts, and more that we publish alongside my channel. 👉 aba.link/tobyaba
~~~~
FOLLOW US:
Instagram: aba.link/instagram
Facebook: aba.link/facebook
Twitter: aba.link/twitter
LinkedIn: aba.link/linkedin
TikTok: tiktok.com/@tobymathisesq
~~~~
CONTACT US
Phone: 800.706.4741
Email: info@andersonadvisors.com
Fax: 702.664.0545
ABOUT TOBY MATHIS
Toby Mathis, Esq. is the best-selling author of Infinity Investing: How the Rich Get Richer And How You Can Do The Same. Toby is a tax attorney and founded Anderson Business Advisors, one of the most successful law, tax, and estate planning companies in the United States. Learn more at aba.link/tobyaba
---------------------------------------------------------------------------------------------------------
WARNING: I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name, and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture.
The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.
