Thanks for the reply. So I will consider depreciating some of the assets so that I can carry part of the deduction into other years.

OK, so my question about capital gains on selling something is ... because there's a lot of confusing stuff in there like "basis," depreciation, etc.

What if you take that section 263 (or whatever the # is) discount - you don't depreciate - you write off the whole thing, and then you sell it two years later.

I buy a keyboard for $1500. I write off all $1500 with the section 263 discount (or whatever the # is). I sell it three years later for $1000 but there are $100 in fees including shipping. You pay capitol gains on $900 now, right? or wrong?

Beakybird