Business, 16.10.2019 04:00 angelaguero9877

Jeremy traveled to a neighboring state to investigate the purchase of two automobile dealerships. his expenses included travel, legal, accounting, and miscellaneous expenses. the total was $55,000. he incurred the expenses in march and april of 2017. in each of the following scenarios, what can jeremy deduct in 2017?

in your computations, round the per-month amount to the nearest dollar. if an amount is zero, enter "0".

a. jeremy was in the automobile dealership business and did not acquire the two automobile dealerships.
b. jeremy was in the automobile dealership business. he acquired the two automobile dealerships and began operating them on august 1, 2017.
c. jeremy did not acquire the two automobile dealerships and was not in the automobile dealership business.
d. jeremy acquired the two automobile dealerships but was not in the automobile dealership business when he acquired them. operations began on august 1, 2017.

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