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Forum: General Sailing Forum

06-08-2018, 08:59

Replies: 17

Understanding 179 Depreciation Rules

Views: 3,442

Posted By Jammer

Re: Understanding 179 Depreciation Rules

I think you will find that there is quite a bit more to the story.

When an captial asset is written off in the year of purchase under section 179, it produces an immediate loss that can be...

Forum: General Sailing Forum

06-08-2018, 07:54

Replies: 17

Understanding 179 Depreciation Rules

Views: 3,442

Posted By Jammer

Re: Understanding 179 Depreciation Rules

I will break with longstanding Cruisers Forum tradition and actually answer your question to the best of my ability.

I am not an accountant and this is not tax advice.

I believe you will...

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