Bob and Carl,
Thank you both for your comments. I believe this "Is it reasonable"
test will be appreciated by many of us.
Thanks.
Warm regards,
Gary
FXE (Fort Lauderdale Executive)
http://www.uslan.com/hinge-kit.html
I have some experience in IRS matters.
<snip>
1. Unless you are audited, anything
goes. <snip>
4. Advice. Take the deduction for what
you think is fair. If there is a range that you think is fair, favor
yourself. Save every piece of paper that might be relevent. I wouldn't
bother with appraisers, but that's me.
<snip>
Bob Barker
-----------------------------------------------------------
Allan:
<snip>
The bottom line is that the
amount of the loss is a question of fact, and most of our thinking
about the subject is really around considering how to prove that the
amount claimed is correct. Repair cost is part of the answer.
Carl Lewis
Legacy
N14CL
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