#section-179
IRC Section 179 expensing election, annual deduction caps, phase-out thresholds, and qualifying property for small business equipment write-offs
Price each rental off replacement cost — about 1/20 per day — capitalize the fleet under Section 179 or bonus depreciation, and track utilization per item.
A duck boat route lives or dies on insurance per passenger and per-hull maintenance — capitalize the 175.124 retrofit and reserve for winter.
Bid drainage tile by the foot: 30-foot spacing doubles footage per acre versus 60-foot. Price the outlet separately, and use Section 179 on the plow.
Arizona HB 4168 adopts most OBBBA tax breaks retroactive to 2025, but 100% bonus depreciation still needs an addback — Section 179 is the workaround.
GPU rental income is Schedule C business income: deduct metered electricity, expense the card under 100% bonus depreciation, and pay quarterly estimates.
Prepaid irrigation plans are deferred revenue until each visit is done; expense tools under the $2,500 IRS safe harbor and depreciate the trencher.
New Mexico SB 151 makes C corporations add back federal 100% bonus depreciation from 2027; pass-through owners keep it. Place assets in service in 2026.
Budget 2–4% shrinkage, split fresh from dry COGS, book the building's 10–15% commission as rent, and tax prepared food apart to see if a micro-market pays.
Sand and gravel pits get 5% percentage depletion under IRS rules — compute cost and percentage methods yearly, claim the larger, and mind the 50%-of-income cap.
A $2.50 taco lives on pennies: cost it at cooked-protein yield, log salsa-bar waste, and price delivery apps 30% higher to keep a taqueria profitable.
U.S. portable storage rentals are taxable equipment rental, not exempt real-estate rent — split five revenue streams and depreciate the fleet.
Ten IRS-smart moves before December 31: place equipment in service, max out 401(k)s, bunch charitable gifts, and prep 1099s under the new $2,000 rule.
