Doug_D
Member
- Joined
- Jun 11, 2008
- Messages
- 47
- Tractor
- Kubota M7040
hey all,
Still trying to push myself over the hill and pull the trigger on a new tractor. I run a few cows and sell some hay each year, but nothing too serious (70 acres). A good friend said I could expense the entire tractor using a "179 Dedcution" for the year. I guess its something tha congress set up to help the small business out. Has anyone ever done this? I do have some additional income that I need to offset and this would help. Any help?
Thanks,
Doug
Still trying to push myself over the hill and pull the trigger on a new tractor. I run a few cows and sell some hay each year, but nothing too serious (70 acres). A good friend said I could expense the entire tractor using a "179 Dedcution" for the year. I guess its something tha congress set up to help the small business out. Has anyone ever done this? I do have some additional income that I need to offset and this would help. Any help?
Thanks,
Doug