0 votes
Can a boat be a tax deduction 2018?

1 Answer

0 votes
The IRS does allow a business to deduct expenses for entertaining on your boats, such as food and beverages, catering, gas, and fishing bait (2018 Tax Reform Changes -There is 0% deduction for entertainment expense in 2018). But you can 't deduct the direct expenses of using the boat for entertainment.
Welcome to our site, where you can find questions and answers on everything about renting houses, apartments, villas, flats and other property in many countries