Thread: Didja Know....
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Unread 06-09-2005, 02:18 PM   #10
parrothead
somebody shut me the fark up.
 
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So if i claim the winnings from last year, i can write off the cost of the food, registration fees etc..? and depreciate the cost of the trailer?
If you are operating some kind of home business. In this case BBQ. Such as catering, a retaurant, etc. These expenses would be advertising.

You should be able to claim a loss for 3 years.
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