Section 179 Incentives Extended
Tax Benefits of Modular Building
Take advantage of this great new opportunity! Section 179 has been extended for 2012 and 2013 tax years. You can even retroactively file for 2012; qualifying Panel Built purchases made in 2012 for processing under the higher deduction limits. This is a profitable offer on all Panel Built modular offices, portable buildings and mezzanines. These products qualify for a 5-year depreciation period, while conventional construction is depreciated over 39 years.
Conventional constructions become a permanent structural addition to a building, and thus are classified as “real property” with a 39-year depreciable life.
Panel Built products, on the other hand, can be fully dismantled, relocated, and reassembled. This mobility, under the Modified Accelerated Cost Recovery System (MACRS), allows our products to be classified as “tangible property” with a shorter 5-year depreciable life.
2013 Deduction Limit = $500,000
2013 Limit on Capital Purchases = $2,000,000
2013 Bonus Depreciation = 50%
Section 179 Deduction are available for the majority of Panel Built’s products
Bonus Depreciation can be taken on new equipment only (no used equipment, no software)
If you would like more information on how to take advantage of this government program, call one of our experienced sales people at 1-800-636-3873 FREE or visit http://www.section179.org