I paid $6000 for a travel agency "membership" which I was told is comparable to a franchise fee as a franchisee. With this membership, I gain access to travel agent portal and my host agency's IATA #. The $149 is the annual "dues" that I'm required to pay annually to keep my membership active. I wasnt sure if I am eligible to deduct the $6k, and if so, how? As an asset? Thanks for your help.
