Selling depreciated business property can produce ordinary income under Section 1245, unrecaptured Section 1250 gain for individuals, Section 1231 gain or loss, and additional entity or installment-sale consequences. The original cost, adjusted basis, depreciation allowed or allowable, and sale allocation control.

Section 179 and 100% bonus depreciation can accelerate deductions for food trucks and mobile-vendor equipment, but vehicle classification, business use, income limits, and placed-in-service rules determine what is actually available.

For most qualifying property acquired after January 19, 2025 and placed in service during 2026, federal bonus depreciation is 100%, subject to acquisition, eligibility, vehicle, and election rules.

heavy duty bulldozer heavy duty bulldozer When you buy equipment, a vehicle, or technology for your business, you generally can’t deduct the full cost in the year you purchased it. Depreciation spreads the deduction over the asset’s useful life. But Section 179 and bonus depreciation let you accelerate that deduction — sometimes taking the entire cost in year one. Knowing when to use each method is a significant tax planning lever. Section 179: Full Expensing in Year One Sect