Own real equipment. Take the deduction this year.
Buy a 1/8 ownership share in commercial staging and hauling equipment with $30,000 down, and deduct the full cost of your share in the first year under Section 179.
20 minutes. If nothing fits, we'll say so.
- 01 $30,000 down per share
- 02 About $150,000 first-year deduction per share
- 03 6 weeks of use or rental each year
A large tax bill, and equipment you're already paying to rent.
Contractors and business owners with strong income often face a large federal tax bill with few ways to reduce it in the current year. Many also rent or buy the same lifts and trucks every season.
How it works
Wilson Hand forms an LLC for you
It's a single-member LLC that holds your ownership share.
Your LLC buys a 1/8 share
The equipment includes JLG boom lifts, telehandlers, articulating lifts, and Peterbilt dump trucks. You pay $30,000 down, and the remaining $120,000 is financed over 10 years.
Deduct your share in year one
Under IRC §179 and bonus depreciation rules, qualifying owners can deduct up to the full basis of the share the year it's placed in service.
Use it or rent it out
You get six weeks of scheduled use or rental each year on a rotating calendar. Rental income can help cover note payments.
Carrying costs are covered
Storage, insurance, maintenance, repairs, and registration are included for the full 10 years.
Is it a fit?
Likely a fit
- Business owner or contractor with significant taxable income this year
- $150,000 or more in taxable income (more shares for higher income)
- Can make a $30,000 initial payment per share
- Uses, or has a business need for, material handling equipment
- Comfortable with a 10-year ownership term
- Can place equipment in service by December 15 for this year's deduction
Not a fit if
- You need full liquidity with no financing
- You have no current or planned need for the equipment
- You can't commit to the 10-year term
Key benefits
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Full first-year depreciation
A large deduction against this year's income.
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Low cash down
$30,000 per share, with the balance financed.
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Real asset ownership
You own a direct share of physical, income-producing equipment, not a fund.
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Six weeks of use or rental
Operate it on your own jobs, or lease it to others.
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No carrying costs for 10 years
Storage, insurance, maintenance, repairs, and registration are included.
Material participation
To offset ordinary income, the IRS requires you to be actively involved with the equipment, not just a passive investor. With Equiplease, you document at least 100 hours a year using or managing your equipment during your allocated time. Templates and guidance make logging simple.
Equiplease in practice
A commercial contractor with a $150,000 tax liability bought one Equiplease share. The first-year deduction offset her tax liability, and she gained six weeks of equipment access each year.
Questions
How do I get started?
You'll receive a purchase order and financing agreement. Sign them and send them with your down payment to the law firm's trust account.
How is the balance paid?
Through a 10-year note. Many owners lease their allocated time to third parties to help cover payments.
Is this a security?
Equiplease is structured as direct ownership of tangible equipment, not an investment security. Consult your own advisors about your situation.
Place equipment in service before December 15.
20 minutes. If nothing fits, we'll say so.
Depreciation deductions depend on business use, material participation, income limits, and statutory thresholds under IRC §179 and §168(k). Financing terms apply. This is not tax, legal, or investment advice.