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Should business take 100% depreciation if planning to trade vehicle in next year? What if it's financed?
Purchased a work truck in January 2018, planning to trade in before end of 2019. Should we take full depreciation in 2018?
Cost = ~49k.
Cost to replace = ~54k
Also, truck purchased is financed. Does this make a difference?
‎September 8, 2019
12:57 PM