Which of the following properties is not eligible for the §179 expense election when purchased?
A)Rental property.
B)A business automobile.
C)A business computer.
D)Manufacturing equipment.

Question

Quizplus · Accepted Answer

Rental property is not eligible for the §179 expense election when purchased. The §179 expense election is only applicable to tangible personal property and off-the-shelf computer software purchased for use in a trade or business. Rental property does not qualify under this definition.

Which of the Following Properties Is Not Eligible for the §179