The partnership is purchasing a vehicle for one of the partner's use. It will be put in the partner's name and the partnership will pay for major repairs, but NOT gas, oil and other fluids.
Shall I show this as draws to the partner's account and then he can deduct the vehicle expenses on his own individual tax return; or shall I indicate on partnership tax return deductions for the vehicle (and partner would then NOT deduct expenses on his individual return). Which is the proper way to account for the purchase of the vehicle to be put in partner's name. The other two partner's have agreed to purchase the vehicle for the other partner, even though they are equal partners in the partnership.
Thanks for any advice.