Section 179 – Accelerated Expensing
2018 Tax Cut and Jobs Act included a provision to allow for HVAC products to be immediately expensed.
Under Section 179, all components of a “heating, ventilation and air-conditioning” system can be expensed in first year versus over 39 years.
For commercial buildings, the cost of HVAC equipment placed into service in 2018 may be deducted as a business expense.