If you lease business property, you may generally deduct the rent you pay. ... applies to your use of the rented property during that tax year. The rest may be deducted only over the period to which it applies. Example 1. ... Determine the intent. ... To file for an advance ruling, follow the instructions in Revenue Procedure 75-28, 1975-l C.B. 752, as modified by Revenue Procedure 79-48, 1979-2 C.B. 529.
|Title||:||J. K. Lasser's Official Tax Guide for Small Business, 1988|
|Author||:||J.K. Lasser Tax Institute, Spicer and Oppenheim|
|Publisher||:||Prentice Hall - 1988|