Caden, a financial planner, decides to quit his job with an investment bank in Charleston, South Carolina, and establish a private practice in Santa Fe, New Mexico. In connection with the move, he incurs the following expenses:
Moving van charge ................................ $4,500
Lodging during move ................................ 540
Meals during move ................................... 410
Loss on sale of residence in Charleston ........ 9,000
Mileage for personal autos ................. 3,500 miles
How much of these expenses, if any, can Caden deduct?