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Tag Archive 'Equipment Exchange'

We all applauded when bonus depreciation for 2008-2009 was announced as a way to justify new equipment purchases. Many buying decisions were delayed as the economy weakened and time was marching on as tired equipment was constantly being repaired to keep businesses running smoothly. The bad news is that accelerated (bonus) depreciation will result in [...]

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The planning aspects of 1031 Personal Property exchanges cannot be over emphasized. The best result will always manifest in careful examination of the facts. When determining what equipment to sell, it is imperative to first analyze the current book value or tax basis.  It is possible to own identical pieces of equipment, say two bulldozers [...]

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