Tax Court Denies RV Business Deductions
Hello RV.net Friends, If you are taking business deductions for RV use, you should share this case with your CPA. Tax Court Case Dellward R. Jackson et ux. v. Commissioner; T.C. Memo. 2014-1...
Forum Discussion
Even though 25% of the square footage in my previous home was for my insurance office I did not deduct it because I knew I was going to make a huge profit when I sold the house and that would have made it a taxable gain. $15,900 in 1976 vs $180,000 in 2001. If we hadn't been in a recession it would have been a lot more.
