Timing is everything relative to things financial. Take taxes. If you acquired a new locomotive or railcar after Sept. 10, 2001, and there wasn't a binding acquisition contract in place before that particular date, you (or the person who leased the equipment to you) are now the proud owner of "bonus depreciation." What's bonus depreciation? First, it isn't extra depreciation; it's more like early depreciation.
Details? Despite that as of this writing, the Feds had yet to issue ...