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Equipment sale tax implications?
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WItitan2
Posted 1/11/2019 20:45 (#7238644 - in reply to #7237441)
Subject: RE: Equipment sale tax implications?


Pierce county WI
Thanks for getting back to me Jake. I have all year to figure a plan out. I want to spread the depreciation out quite a bit anyway. I've got quite a bit. I'm younger, and still expanding, so I spend money. So, if it ends up being just income, what's the rate on recapture of assets? It did depreciate some, plus I'm replacing it with another truck. So let's just say we're talking 80k?
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