Quote:
Originally Posted by trev230
I have used Section 179 twice now. The vehicle has to be "new to you", not necessarily brand new. There haven't been any changes to the guideline with the exception of them extending it until 2019 with a phase out starting next year on the amount of depreciation you can take. The bonus depreciation has always been in place and allows you to take 50% off the top, not the entire thing. Then small chunks every year after. You There are no incentives for a brand new vehicle. It just has to be "new to you".
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Two different rules in place here. Section 179 is new to you. Bonus depreciation is new, not used.