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Tax, SDIRAs & Cost Segregation

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Alex Martin
  • Freeland, MI
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50
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Writing off a firearm?

Alex Martin
  • Freeland, MI
Posted Sep 2 2017, 08:40

This may be a wacky question, especially considering I couldn't find any search results pertaining to this, but can you write off the cost of a pistol as a business expense? I own almost a dozen rentals in the Tri cities area of Michigan, which is known to get a little dicey in certain parts. While I myself have not been in a situation which would warrant using a firearm and pray I do not, I have heard stories of landlords being assaulted while working or picking up rent. I've pretty much made up my mind that I am going to get a pistol and take some training courses; being the savvy guy that I am however I was thinking about how I could save some money. Any input? 

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