Sam operates a small chain of pizza outlets in Fort Collins, Colorado. In November of this year Sam decided to attend a two-day management training course. Sam could choose to attend the course in Denver or Los Angeles. Sam decided to attend the course in Los Angeles and take an eight-day vacation immediately after the course. Sam reported the following expenditures from the trip:
What amount of travel expenditures can Sam deduct?
Definitions:
Real Property
Immovable property consisting of land and the buildings and plant life thereon.
Acre of Land
A unit of area used in the imperial and US customary systems, equivalent to 43,560 square feet, commonly used in measuring parcels of land.
Sofa
A piece of furniture designed for seating multiple people, typically upholstered and used in living rooms or lounges.
Real Property
Land and anything permanently attached to it, such as buildings and improvements.
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