One Big Beautiful Bill

The U.S. OBBB Act makes buying the HERM Material Lift a lot less “expensive” because you can write-off up to 100% of the cost, fast!

OBBB Tax Act

Core Financial Advantages for Contractors Buying the HERM Material Lift System

For roofing, solar, HVAC, and building maintenance contractors, the One Big Beautiful Bill Act (OBBBA) changes the math on equipment in three big ways:

1: Immediate 100% write‑off of equipment (full expensing / bonus depreciation)

• OBBB makes 100% bonus depreciation permanent for qualifying assets like lifts, trucks, and software placed in service after January 19, 2025.

• That means a HERM Material Lift can often be fully expensed in the first year, instead of being depreciated over many years.

• Result: you slash taxable income now, freeing up cash for payroll, growth, and additional gear.

2: Bigger Section 179 caps for small and mid‑sized contractors

• The bill expands Section 179 expensing limits, letting contractors deduct more equipment cost up front, subject to annual caps and income limits.

• This is especially valuable for smaller roofing, solar, HVAC, and maintenance firms making multiple purchases (like lifts, tools, software, and vehicles) in the same year.

• Used equipment can also qualify, which matters if you finance or buy pre‑owned gear.

3: Better cash‑flow alignment for long‑term and residential contracts

• OBBBA modifies how contractors recognize income on long‑term contracts (e.g., residential, multi‑family, some commercial) by expanding exemptions from the percentage‑of‑completion method (PCM).

• In simple terms: you can defer taxable income on certain jobs while still expensing equipment up front, improving cash flow when you invest in assets like the HERM lift.

• For labor‑intensive trades (roofing, solar installs, HVAC change‑outs, building services), this can smooth tax burdens during growth spurts

SUMMARY

For the Contractor, buying a HERM Material Lift, the OBBB Act lets you:

• Deduct most or all of the purchase cost immediately, not over years.

• Offset higher profits from busy seasons or new contracts with that deduction.

• Improve after‑tax ROI on safety and productivity investments, making it easier to justify “capital spend” to owners or investors.

• CPA Confirmation. As induvial business conditions and constraints vary from business-to-business, contact your qualified CPA with "construction taxation know-hows" to take full advantage of OBBB provisions and benefits that applies to your business.