Tag: Business Deductions

Real Estate Broker’s Deduction for Flight Lessons Fails to Take Flight in Tax Court

A real estate broker’s attempt at deducting the cost of flight lessons as a business expense crashed and burned in Tax Court on Tuesday. The broker, from Louisiana, evaluates properties and creates sales materials to present to potential buyers. Part of his evaluation process involves taking aerial pictures of the property. Up through 2007, he […]

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