If I buy a handgun to be used for personal protection while showing houses. Is that considered a business expenses? I purchased the handgun today.
Answered by Melissa Pedigo, CPA ·
You can deduct the handgun purchase if it is an ordinary and necessary expense for your industry. Arguably, this is a bit of a grey area and I understand why you bought a handgun to show houses to buyers. But I don't think this expense qualifies as a business expense.
