| It is difficult to determine what would be the best strategy for your situation as I am not aware of the your tax rate. If your tax rate is at a very low bracket, then electing s179 deduction may not be the best strategy. This would of course lead to lowering of your tax liability, but would not be a wisest course of action, especially if your business becomes more profitable the subsequent year.
Clearly, it would make sense to elect the MACRS method (7 years) of depreciation enabling you to gain some depreciation deduction the subsequent year where profits would be considerably higher causing you to be at a higher tax bracket. The net effect would be to enable you to offset higher taxes in the subsequent year.
But, on the other hand, if you think that your business may not generate sufficient profits for the next few years, then it would be wise to elect the s179 deduction as it would provide you with an immediate tax savings for you.
In any case, I would strongly urge to at least consult your CPA or tax professional who would be more familiar with your specific situation and provide you with the best course of action based on your businesses future cashflows. | 
