Hello and thanks for your reply...Its a recreational boat that I rent out from time to time ( about 4 hrs per customer/transaction)..So it looks like a schedule C. Now, I also had repairs and maintenance expenses on the boat as well as travel miles (about 1,000) on the vehicle I used to tow/deliver the boat to the lake. On top, I also had a major transmission repair on the same vehicle..Do you mind telling me what is eligible to be claimed as deduction out of these items and where should I input them in Turbotax?. Finally can I depreciate the boat and to reduce the taxable income? Same question, Where should I input/calculate that in turbotax? These are probably the last questions I have...Thanks in advance and look forward to getting your comments ..
