That only goes so far since the feds expect you to show a profit now and then. I spent ohhhhh almost 13K on a new Land Pride batwing a few years ago and didn't write it off. I did get a killer interest rate, and the manufacturer's (Kubota owns Land Pride now) insurance pays full replacement cost should anything happen to it. If it gets stolen, or I roll it in a holler somewhere, or whatever, they will cut me a check for a new one.And hopefully write off some nice machinery and equipment!