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I purchased a trailer that is used 100% for my business and will be selling it next year, should i take the section 179 deduction

 
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Coleen3
Intuit Alumni

I purchased a trailer that is used 100% for my business and will be selling it next year, should i take the section 179 deduction

No, you will just have to recapture all the depreciation and pay tax on it. Property is meant to be depreciated over its class life. You can take a Section 179 if you intend to keep the asset its entire useful life. Otherwise, there is no point to it.

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