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Tax, SDIRAs & Cost Segregation

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Joe Pea
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Section 179: buy items one year, sell them the next year, repeat?

Joe Pea
Posted Apr 14 2019, 17:11

Can I take advantage of Section 179 by purchasing something in one year, selling it the next year while buying a new thing the next year, and repeat each year?

So for example,

  • buy property for business in 2018, get Section 179 deduction for 2018 property
  • sell 2018 property in 2019, buy new property in 2019, get Section 179 deduction for 2019 property
  • sell 2019 property in 2020, buy new property in 2020, get Section 179 deduction for 2020 property
  • etc

Is there an advantage in doing that, if allowed?

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