Interest of: M.R.F., III, minor, Appeal of: K.L.C

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that a business expense deduction will not be allowed for an expenditure that is primarily motivated by personal, rather than business, considerations
• depreciation deduction allowed to the extent premises were used for business purposes and disallowed to the extent used for personal purposes
• depreciation deduction allowed to the extent premises were used for business purposes and disallowed to the extent used for personal purposes
• residence purchased for corporate and shareholder use
• corporate payment of yacht expenses

Source: CourtListener parenthetical corpus (CC0).