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Brandon SWIA
Posted 11/8/2015 06:19 (#4883816 - in reply to #4883806)
Subject: RE: Doesn't that assume.


Really high income (tax basis)years are yet to come for some guys as they have been prepaying inputs, deferring income, and buying a lot of equipment and putting it on section 179. That's ok if it was done with cash. If it was done with borrowed money and things have to be unwound to generate cash flow and payments have to be made on iron with no remaining depreciation, then that can cause a big tax bill.

Edited by Brandon SWIA 11/8/2015 06:20
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