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      12-07-2022, 06:36 PM   #2
TurtleBoy
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Drives: 2019 X5 40i,2021 M340i
Join Date: Jan 2019
Location: Colorado

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Quote:
Originally Posted by jlim0930 View Post
will be using the X5 for business purposes

Section 179 states that the vehicle must be over 6000lb unloaded weight but I believe X5's unloaded weight is less than 6000lb(looking at the sticker on the door panel)

Also does anyone know about the 168(k) bonus depreciation and how it works?
You are misreading/misunderstanding section 179. It does not say the vehicle's weight must be over 6,000 lbs but rather GVWR. The GVWR of the X5 is a bit over 6,100 lbs I believe.
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2021 BMW G20 M340i xDrive - Verde Ermes/Black - 03/2024.40
2019 BMW G05 X5 xDrive40i - Phytonic Blue/Cognac - 11/2023.50
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