Skip to content

10 Oddball Tax Deductions You Won’t Believe Are Real

If you want to make tax season a little less painful and benefit from all sorts of extra deductions, you don’t have to reinvent the wheel. Just do your research and find…

Airplanes

If you’re tired of the endless hours of driving to certain places of interest or depend on daily commercial flights available, do what this couple did. Buy a plane! Don’t worry about the taxes either, they’re deductible in certain cases.

In the case of the couple in question, they were allowed by the Tax Court to write-off the aircraft expenses caused by their constant trips to check on their rental condo, including fuel costs and depreciation for the time used for business-related activities, although such costs added to the overall rental loss on the condo.

 

Share Email Facebook X

Leave a Reply

Your email address will not be published. Required fields are marked *

The morning wire

What people are talking about, in your inbox.

The stories trending today, explained in plain English. One email, no filler.