Legal Question in Business Law in California

The company doesn't need to purchase the RV; it could lease it for an amount approximately equal to the payments. However, the tax legality of any such plan - sale, lease, donation, whatever - probably depends upon the deal terms approaching economic reality, as would be the case in an "arm's length transaction" with an RV dealer. If you do some deal that doesn't make economic sense, it is subject to challenge by a tax collector or maybe, later on, one or another owners of the S corp. If the S Corp. doesn't need an RV for some legitimate purpose connected with its present or proposed business, any deal could be subject to challenge in an audit.