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Can I lease (or finance) equipment and take the Section 179 Deduction?

April 26, 2017deduction equipment Finance lease section

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Can I lease (or finance) equipment and take the Section 179 Deduction?

2 Answers

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Absolutely. In fact, this is a very effective strategy, as the deduction you take may actually exceed the total loan or lease payments you make for the year. See this page for more information on equipment leasing and Section 179.

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Posted

Absolutely. In fact, this is a very effective strategy, as the deduction you take may actually exceed the total loan or lease payments you make for the year. See this page for more info on equipment leasing and Section 179.