Expense equipment, vehicles, and property in year one.
§179 + bonus depreciation let you immediately deduct qualifying business assets (equipment, heavy vehicles >6,000 lbs, short-life property). Bonus phase-down: 60% (2024), 40% (2025).
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Front-load depreciation on real estate to slash current-year taxes.
Turn W-2 income into tax-free passive rental losses.
Defer capital gains indefinitely by rolling into bigger real estate.
Defer + eliminate capital gains via OZ funds.
Rent your home to your business up to 14 days/year — tax-free.
Deduct 20% of pass-through business income.
Slash self-employment tax on profits above ~$50K.
Spread capital gains over years to stay in lower brackets.