Purchased a new F-150 super crew cab pickup truck in 2017
for $33,000. My business was legally formed January 2017. I'm reporting a net
loss due to startup cost, depreciation, expenses etc... Question: Can the
entire amount of the truck be deprecated in the current year using section 179
deductions? Or is there a cap/limit on the amount allowed to deduct in the 1st
year due to the expense being a vehicle and the business filing a net loss. I
use this vehicle 100% of the time for my business.