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  1. 09-10-2008 05:42 AM #1
    RLorenzen's Avatar
    RLorenzen
    RLorenzen is offline YE Veteran
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    Tax Deductions For Buying Websites

    If my LLC purchases an established website am I entitled to a tax deduction, provided I show necessary records such as receipts, etc.?

    Thanks...
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  2. 09-11-2008 01:12 AM #2
    scrupio
    scrupio is offline Junior Member
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    No it is not. It will be an asset sale, not an expense.
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