Photo courtesy of Ritchie Bros. Auctioneers A 1031 like-kind exchange can save money by deferring taxable gains from depreciation bonuses. Photo courtesy of Ritchie Bros. Auctioneers Fleet owners face uncertainty in 2014 as bonus depreciation incentives expire and stringent diesel regulations take effect. Related Links: Rental Fleet Purchases May Contribute to Modest Gains Equipment Manufacturers Raise Their Annual Sales Forecast Expiring tax perks and strict new emission rules could soon make equipment purchases pricier, spurring more rental activity and dampening new machine sales. Internal Revenue Code (IRC) 179 gives deductions for equipment purchases, including trucks and trailers, dozers and loaders,
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.