EFTA02498834

From: jeffrey E. <jeevacation@gmail.com> Sent: Friday, June 5, 2015 1:16 PM To: Richard Joslin Subject: Re: wrong section. . houses cannnot be=depreicated. . hobby loss rules are more complex than strict m=th On =ri, Jun 5, 2015 at 9:04 AM, wrote: The depreciation may be allowable if =ot a hobby loss limitation but the vacation home rules (Sec 280A) ma= limit deduction to rental income for residences. A boat is considered a dwelling unit/ residence and 280A comes into play i= the owner has personal use of greater than 14 days or 10% of period rente=. I had discussed this With Alan Dluglash and he had concurred From: jeffrey E. [mailto:jeevacation@gmail.comj Sent: Thursday, June 04, 2015 10:51 PM To: Richard Joslin Subject: http://www.cruisingyachts.net/yachts/y=chts-tax-deduction/ <http://www.cruisingyachts.net/yachts/yach=s- tax-deduction/> why are we not depreiationt the yacht please no=e The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to jeevacation@gmail.com <mailto:jeevacation@gmail.com> , and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA_R1_01624567 EFTA02498834 please =ote The information contained in this communication is confiden=ial, may be attorney-client privileged, may constitute inside informati=n, and is intended only for the use of the addressee. It is the propert= of JEE Unauthorized use, disclosure or copying of this communica=ion or any part thereof is strictly prohibited and may be unlawful. If =ou have received this communication in error, please notify us immediat=ly by return e-mail or by e-mail to jeevacation@gmail.com <mailto:jeevacation@gmail=com> , and destroy this comm=nication and all copies thereof, including all attachments. copyright -=11 rights reserved 2 EFTA_R1_01624568 EFTA02498835