Thread: Electronics Tesla unveil Semi, new Roadster, & also teased a "pickup truck"
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Old 11-25-2017, 06:36 PM   #124
Buehler445 Buehler445 is offline
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Quote:
Originally Posted by cooper barrett View Post
It does not have to be new to take "section 179" as long as its a HD truck and is used 50% for business. Bonus is only for new but you would have to be buying a small SUV to capture it. On a small truck/ suv the 179 is capped at 25K and bonus on a new vs used would be $10K Trucks over 6Klbs are 100% write off new or used.
Bonus depreciation is different than 179.

I’m not going to speak to notorious’ tax planning but you asked the difference between new and used and bonus depreciation is the difference.
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