Front-load this year’s depreciation. Legally. Section 179 planner for Airbnb and STR hosts. Deduct furniture, appliances, business vehicles in year-1 instead of over 5/7/27.5 years. Editable Excel. You bought $18,000 of furniture for the new cabin in February. Default IRS treatment spreads that deduction over five years — $3,600/year. Section 179 lets you deduct the full $18,000 this year. At a 24% bracket, that’s $4,320 in tax saved THIS April instead of $864 spread over five Aprils. The catch: §179 has rules. Active-business test. Annual cap. Property type limits (no real property — that’s bonus depreciation territory). Vehicle weight thresholds. This workbook walks the rules, shows what qualifies, and produces the Form 4562 numbers ready to drop into your tax return. WHAT’S INCLUDED 📋 Eligibility Decision Tab · Active trade-or-business test (Schedule C: yes; pure Schedule E: usually no) · Active-participation Schedule E exception · Asset class eligibility (furniture, appliances, equipment, vehicles ≥6,000 lb GVWR) 📋 Asset Inventory (50-asset capacity) · Date placed in service, cost basis, asset class · MACRS recovery period (5/7/15-year) baseline · §179 vs bonus depreciation vs straight-line — three scenarios per asset 📋 Three-Way Depreciation Comparison · §179 (immediate full deduction up to cap) · Bonus depreciation (currently phasing — verify current-year %) · Straight-line MACRS (default) · Side-by-side year-1 deduction $ comparison per asset 📋 Annual §179 Cap Tracker · Current-year cap (verify against IRS — changes annually) · Phase-out starts when total assets exceed threshold · Workbook flags when you hit the cap 📋 Vehicle Worksheet (special rules) · 6,000 lb GVWR threshold (SUVs, trucks, vans) · Business-use percentage (must be ≥50% in year 1) · “Heavy SUV” annual cap ($30,500 in 2025 — verify current year) · Listed-property recapture rules 📋 Form 4562 Output · Line numbers populated · Print-ready, ready to hand to CPA or copy into TurboTax
Related
- Cost Segregation DIY Workbook
- Depreciation Tracker (Full MACRS)
- Home Office Deduction Allocator
- Quarterly Estimated Tax Calculator
- Furniture / Setup Budget Calculator
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Format: Excel .xlsx + how-to PDF. Excel 2016+, Excel 365, Google Sheets compatible. Instant download after checkout. 14-day refund, no questions. Lifetime updates within v1.