When do complete write-offs stop?

[jreedpw]

At what point or price does a new purchased piece of equipment have to become an asset vs a complete tax write off? $5k, 10k? What percent can be deducted every year?

 

[junker1]

I just spoke with an accountant Monday and he told me he 5k in equipment i am going to buy will be 100% write off.

 

[Richard Ludlam]

Equipment purchases are 100% write off. You can also deduct depreciation values on the same equipment on annual basis.
If the equipment was purchased (not financed) its an asset once payed. Assets help to determine the value of you company.

Kind-of complicated...i hire good bookkeeper, it defiantly pays off!