Dredust
Returning Member

Is the Special Bonus Depreciation right for me?

I purchased  a used vehicle for my Vacation Rental.  I'm unsure what exactly the "Special Bonus Depreciation" is.   If I take advantage of it, do I only get a 100% deduction for this tax year? Or do I get part of my vehicle depreciation this year, and then percentages into the following 5 years?  I'm wondering if I should not take the "Special Depreciation Bonus" because I'm not needing a big writeoff for this year. I could use the writeoff over the next 5 years.  Thank you!