In this episode, we’ll paint broad brushstrokes on Section 179 and bonus depreciation while also honing in on the potential for tax deductions available for ER Docs when purchasing a vehicle.
Topics Discussed:
- How quickly used cars are declining inprices.
- What the Section 179 deduction is.
- The definition of depreciation.
- How to time your vehicle purchase.
- How the weight of your vehicle impacts the depreciation you’re able to claim.
Resources Mentioned:
Tags
planning, financial planning, ER doctor, doctors, finances, retirement, financial freedom
