# @edwardcollins_upleveled on Instagram

- **Type:** Video
- **Original URL:** https://www.instagram.com/p/DMGHNzCobvs
- **Gondola URL:** https://gondola.cc/posts/35104097-edwardcollins-upleveled-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/cc2b8282a4.jpg
- **Posted:** 2025-07-14T16:50:37.000+00:00
- **Account Owner:** Edward Collins | Money Lawyer & Wealth Strategist (@edwardcollins_upleveled) — https://gondola.cc/edwardcollins_upleveled

## Caption

“Just Section 179 Your G-Wagon!” 

🚫 If someone told you that, they don’t know tax law. 

Here’s the truth: 

Section 179 has strict caps on vehicles. 

In most cases with heavy vehicles (over 6,000 lbs.), the year-one limit is around $31,300 (light vehicles is $12,200). 

So if you buy a $100,000 G-Wagon? 

You’re not writing off the whole thing with Section 179. 

To get the full deduction? 

You need to pair Section 179 with Bonus Depreciation. 

Here’s how it works: 

🔹 Section 179 applies first — up to the applicable cap. 

🔹 Anything above that? 

You turn to Bonus Depreciation. 

But there’s a catch… 

Thanks to TCJA, bonus depreciation is phasing out: 

📉 In 2022 = 100%. 

📉 In 2023 = 80%. 

📉 In 2024 = 60%. 

📉 In 2025 = just 40%. 

Example: 

🚙 $100,000 G-Wagon purchase. 

➡️ Section 179: ~$30,000. 

➡️ Remaining $70,000 → Only 40% bonus-depreciable in 2025 … = $28,000. 

🧮 Total first-year deduction = ~$58,000. 

But here is what is amazing.

On July 4, 2025, the One Big Beautiful Bill was signed into law and that has now bumped Bonus Depreciation back up to 100%, retroactive to property put into service after January 19, 2025. 

So, under the new Tax Law as it stands now, all 100% of the cost of the G-Wagon would be deductible when combining both Section 179 and Bonus Depreciation this year.

Bottom line: 

Section 179 alone doesn’t cut it. 

If you want to maximize vehicle deductions, 

You need to understand how to combine strategies — 

And how the math actually works. 

Want a deeper breakdown of tax strategies that actually hold up? 

👇 Drop “GOB” in the comments and I’ll send you a free training. 

 LS0003_SF3

## Stats

- **Views:** 1,512
- **Likes:** 755
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- **Comments:** 48

## Credits

These are the roles credited on Gondola. Credits may be incomplete.
A brand, account owner, or featured person is not necessarily the creator.

| Name | Username | Profile | Role |
| --- | --- | --- | --- |
| Edward Collins | Money Lawyer & Wealth Strategist | @edwardcollins_upleveled | https://gondola.cc/edwardcollins_upleveled | Talent |
| Hector Garcia | @Hector_FilmSchool | https://gondola.cc/Hector_FilmSchool | Content Producer |

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