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Little River, TX | To pay the least total Income Tax over a 30 year period, set up the depreciation for as long as possible. Sometimes it is 10 years and a few times it was 12 years. The same thing goes for major maintenance of equipment. If you could expense these cost in one year you probably can knock your tax rate down to close to zero, but the nest 10 years you will be paying at a higher tax rate.
Then if you sell some capital property it may be worth while to you and the buyer if the buyer pays in installments.
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Tax strategies ???
