From: "Jeffrey E." <jeevacation@gmail.com>
To: Richard Joslin
Subject: Re:
Date: Fri, 05 Jun 2015 13:16:05 +0000
wrong section. . houses cannnot be depreicated. . hobby loss ndes are more complex than strict math
On Fri, Jun 5, 2015 at 9:04 AM, Richard Joslin • wrote:
The depreciation may be allowable if not a hobby loss limitation but the vacation home rules (Sec 280A) may limit
deduction to rental income for residences. A boat is considered a dwelling unit/ residence and 280A comes into play if
the owner has personal use of greater than 14 days or 10% of period rented. I had discussed this With Alan Dluglash
and he had concurred
From: Jeffrey E. [mailto:jeevacation@gmail.com
Sent: Thursday, June 04, 2015 10:51 PM
To: Richard Joslin
Subject:
http://www.cruisingyachts.net/yachts/yachts-tax-deduction/ why are we not depreiationt the yacht
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