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post #13 of Old 07-22-2002 Thread Starter
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Definition of "Yacht"

I knew about the "second home" deduction, but since I borrowed from my home equity line of credit, I''m already getting the interested as a deduction.

Now, if I use the boat as my office, perhaps I can claim the depreciation. ;^) If you''re an IRS agent, I''m only kidding.

~ Happy sails to you ~ _/) ~
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