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nc ks | It does not make a difference on taxes. As long as you are not maxing out your 179, putting it in repairs or 179 is a mute point. If you get audited and they flag an expense as a depriciable item, you just move it and 179 it and no tax consequence as far as I know. Besides the repair or improvement litmus, we also do a amount of value litmus. It makes for a very messy depriciation schedule if you are putting tons of things on there under $10k. | |
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Tire tax question
