Assertion: equipment | /r/HasProperty | purchased
Facets:
Source sentences:
text: Now, under Section 179, that same business is able to write off the entire $100,000 the same year the equipment was purchased.
text: When equipment is purchased, it must be depreciated (written off on income tax) over a number of years.
text: But to use it, the equipment must be purchased and put into service (or installed, plugged in, etc.) by 11:59 pm, 12/31/2020.