Re: Drop Downs (764 Views)
Posted by: Tavasco (IP Logged)
Date: July 22, 2025 09:46AM
Bonus depreciation: Allows for a significant percentage of the purchase price to be deducted in the first year the asset is placed in service.
In 2024, the bonus depreciation percentage is 60%. This will decrease by 20% each year until it reaches 0% after 2026, according to Dean Dorton.
In 2024, the bonus depreciation percentage is 60%. This will decrease by 20% each year until it reaches 0% after 2026, according to Dean Dorton.
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