Construction started after January 19th, 2025 and placed in service after July 4th? There's a deduction on the table that most people aren't fully prepared for — 100% expensing on the building itself, year one. A $2 million facility, fully deducted the year it's done.
I walk through exactly what qualifies, what you need to document, and the misclassification issue the IRS is already watching for. Getting this wrong isn't just missing the deduction — it creates a 10-year recapture risk.
Then I get into business interest limitations. A client of mine had a secured line of credit on his brokerage account, using it for business expenses, and never brought it up because he assumed it wouldn't qualify. It's one of those conversations that didn't happen and cost him real money.
If you have loans, lines of credit, or anything borrowed that touches your business, this is worth your time.
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