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

joe-kania — Sat, 01 Jun 2019 14:47:57 GMT

If the government is allowing the full bonus depreciation...

Ashby — Sat, 01 Jun 2019 14:47:59 GMT

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.

topic Does it raise flags by taking one time depreciations on new assets which increases my Schedule F loss? in Business & farm

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...