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cdatrack
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I purchased airplane under llc. what are rules to deduct expenses?

 
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I purchased airplane under llc. what are rules to deduct expenses?

I purchased airplane under llc. what are rules to deduct expenses?

be mindful, expenses are only deductible if there is a business purpose.  the reference article is old.   if there's going to be continuing losses the IRS could audit and say it's a hobby.  keep good records. 

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