From NTRA
LEXINGTON, Ky. (Sept. 3, 2025) — With passage of the One Big Beautiful Bill, yearling buyers have access to 100% bonus depreciation for the first time since 2022. This important investment incentive can benefit horse and farm owners who may be purchasing horses, tractors or other assets. The NTRA encourages anyone who is preparing to make such large asset purchases to consult with a tax professional in advance.
