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If am currently self employed in equine therapy (mental health based) can these be deductions/loss?.
I have been utilizing my horse solely in my practice (not for personal use). Due to medical issues I had to put her down in October, so this took a toll on my business. I have since purchased a new horse for the sole purpose of work. My question is, can I deduct the vet bills/euthanasia/disposal fees as a loss? And the purchase of the new horse as a deduction as well?
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‎June 3, 2019
10:26 AM