Forums - If I attend a trade expo, can I deduct this same expense?

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Posted by 2steps on 04-15-12 05:42 PM:

If I attend a trade expo, can I deduct this same expense?

http://news.yahoo.com/bill-dispute-...s-politics.html

I am thinking about staying the in Hyatt Union Hotel, where the trade expo will be held.

Posted by Robert A. Green on 04-15-12 08:45 PM:

It's a business expense providing you are a business trader before the expo.

If you are an investor, it's disallowed as an investment expense - a miscellaneous itemized deduction in excess of 2% of AGI - under section 274(h)(7).

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