Section 179 Property Guide

Find out what types of business equipment, vehicles, and software are eligible for deduction.

Section 179 property guide.

You have come to the right place if you have been looking online for information about Section 179 property. Balboa Capital is a top-rated business lender that knows all about Section 179. This website page will give you a better understanding of how Section 179 works, and what types of property, also referred to as “equipment,” qualify for a deduction.

The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.

section 179 property

How to find out what types of equipment qualify.

There are several ways to determine if your equipment qualifies for the Section 179 deduction. First, you can look at the Section 179 page on the IRS website. It has lots of helpful information, including a lengthy list of equipment that falls under the Section 179 “umbrella.”

Next, you can contact your tax professional or accountant to determine if the equipment you want is eligible for this tax incentive. Or, you can look at our list of common property types that qualify.

salon owner smiling at the front desk

Equipment financing works with Section 179

Business equipment expenses can add up quickly, especially if your company is experiencing strong growth. Fortunately, the Section 179 tax deduction can help reduce the financial burden of purchasing or financing equipment. It allows eligible Section 179 property to be deducted in the year it is purchased and put into use. One massive benefit of Section 179 is that it works with equipment financing.

If the equipment you want for your business qualifies for Section 179, you can write off your payments on your upcoming tax return. Then, once you are ready to move forward with equipment financing, look to Balboa Capital. Our easy approval requirements and fast funding are just what you need. 

male barista steaming milk for a cafe latte

Section 179 property: What you can deduct.

Business vehicles

Business vehicles

Business computers

Business computers

Office equipment

Office equipment

Machinery

Machinery

Off-the-shelf software

Off-the-shelf software

Horticulture structures

Horticulture structures