Deductions & credits

Thanks for you information. I have a Ebay business account because I had a Farm business 20 years ago when I opened my PayPal account. 😉 

 

I have another question that's always bugging me. The reason my books and records have become worth more than I paid for them is that most of them are 20 years or more old. For the last 20 years I have paid monthly rent on temperature controlled storage space that has housed only my collections. Since what I have is only valueable because bbecasue I've been able to 'curate' the items in good condition for 20 years, I feel that that storage expense should be deductible. I understand that it isn't but I want to hear that from you (if true) that it is not deductible, is not a cost of the goods sold

Thank you