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The idea behind the investment approach is that you want to maintain your car in the expectation (not requirement) that the asset will appreciate in value and you will sell your vehicle for profit. Examples of some of the expenses you can deduct on your tax return are:

1. General maintenance and repair

2. Insurance

3. Telephone calls

4. Storage expense, including the portion of the building's depreciation, maintenance, insurance and utilities

5. Travel expenses, including lodging and meals for any matter that regards taking care of your investment. (This does not include travel expense for investigating a new automobile as an investment)

6. Wages of a secretary (maybe your wife or children) or for bookkeeping

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