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Gerald owns an illegal brothel. Which of the following expenses incurred in connection with the activity is/are deductible currently? a. Purchase of equipment. b. Fines.

Gerald owns an illegal brothel. Which of the following expenses incurred in connection with the activity is/are deductible currently?

a. Purchase of equipment.

b. Fines.

c. Rent.

d. Illegal kickbacks to officials to stay in business.

e. None of the above.

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