§179 expense is available for all of the following business assets except:
A)Phone system.
B)Office furniture.
C)Apartment complex.
D)Bulldozer.

Question

Quizplus · Accepted Answer

Section 179 expense deduction is only available for tangible personal property used in a business, such as office equipment, furniture, and vehicles. An apartment complex is considered real property and does not qualify for the Section 179 expense deduction. Therefore, the correct answer is C.

§179 Expense Is Available for All of the Following Business