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Can one deduct cost of a kit car as a hobby?
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03-19-2007, 10:41 AM
Alan Schup
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Join Date: Apr 2001
Location: Fort Worth TX USA, TX
Cobra Make, Engine: Lone Star Classic Competition #56, 425HP Lingafelter 428 Cobrajet
Posts: 75
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Thanks
Thanks... that all makes sense. Why can't the IRS write the code and explaination just as plain and simple?
Alan Schup
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