Built by the California Department of Water Resources (DWR), Oroville Dam is one of the key features of the California State Water Project (SWP), one of two major projects passed that set up California's statewide water system.
However, writing off the purchase price of the car as a section 179 expense, which allows you to write off the full price of a business asset rather than depreciate it over a number of years, is only allowable if the car wasn't first used as a personal vehicle.ection 179 Deduction. According to the IRS, the only year in which you can claim the section 179 deduction is that in which you placed the car in service. The IRS defines in service as ready and available for a specific use, whether personal or business.
Yes you can sell the car, but you have to pay off the existing loan and have the lenders lien released first. You can sell a vehicle with a lien on the title.As the previous answer suggested you could have the buyer go with you and have him pay off the lien and then sign over the title to him when the lien is released. BTW-With a conventional loan (not a lease) you do own the car.eport Abuse. If you owe less than the car is worth, you might be able to. Remember, there is a lien on your car title. To remove the lien you will need to pay off the debt. That would be done by taking the money from the sale and applying it to the note and paying it off.