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joe-kania
New Member

Does it raise flags by taking one time depreciations on new assets which increases my Schedule F loss?

 
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Ashby
New Member

Does it raise flags by taking one time depreciations on new assets which increases my Schedule F loss?

If the government is allowing the full bonus depreciation, you might as well take it because you never know how soon they will change their mind. I think large losses raise more red flags when they are done for multiple years in a row.

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1 Reply
Ashby
New Member

Does it raise flags by taking one time depreciations on new assets which increases my Schedule F loss?

If the government is allowing the full bonus depreciation, you might as well take it because you never know how soon they will change their mind. I think large losses raise more red flags when they are done for multiple years in a row.

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