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Davis is actively engaged in the mining business and owns multiple mines. During the current year he made several trips to inspect his assets and
Davis is actively engaged in the mining business and owns multiple mines. During the current year he made several trips to inspect his assets and consult with mining engineers and other professionals. As a result he incurred the following: Plane fare $Hotels $Car rental $ Meals $Entertainment $ Of the $ incurred, David can claim hoe much as his deductible expense?
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