Electric Bicycles for Professional Use

• Electric bicycles are a popular mode of transportation among liberal professionals and they offer many advantages over cars.
• The market for electric bicycles has exploded in recent years and many liberal professionals have chosen this mode of transportation.
• To use electric bicycles for professional purposes, you must include it in your professional assets and depreciate it over several years.
• You can deduct maintenance, repair and insurance costs in proportion to your professional use.
• If subsidies exist for the purchase of electric bicycles, companies are not left out.

Test your knowledge about using electric bicycles for professional purposes, including regulations, benefits, and financial considerations. Learn about the market growth, tax implications, and subsidies for electric bicycles.