Section 179 Explained for Beginners: (Depreciation on Lux Vehicles & More) NEW Rules for 2025

If you're a business owner looking to save massive amounts on taxes through vehicle purchases and equipment, you need to understand Section 179.

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This tax strategy can literally save you tens of thousands of dollars, but only if you know the rules that changed dramatically in 2025.

Timestamps:
Intro (0:00)
Chapter 1: What is Section 179? (0:31)
Chapter 2: New Limits for 2025 (2:05)
Chapter 3: Section 179 Fully Explained (3:11)
Chapter 4: What Vehicles & Equipment Qualify (4:22)
Chapter 5: Luxury Vehicles & GVWR (5:16)
Chapter 6: Real Examples (6:29)
Chapter 7: Vehicles You Can Get TAX-FREE (7:36)
Chapter 8: Bonus Depreciation vs Section 179 (8:52)
Chapter 9: Timing and Other Considerations (9:59)
Bottom Line (10:56)

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Disclaimer: The information provided in this video is for informational purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the subjects discussed, or any other legal matter, you should consult with an attorney or tax professional in your jurisdiction (i.e. where you live).