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"Lost" Boat

 

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Subject Author Date
"Lost" Boat DORFMONT@aol.com (Linda Dorfmo 02-06-2007
|--> Re: "Lost" Boat DORFMONT@aol.co...02-14-2007
| `--> Re: "Lost" Boat Harlan Lunsford02-17-2007
|--> Re: "Lost" Boat DORFMONT@aol.co...02-18-2007
Posted by DORFMONT@aol.com (Linda Dorfmo on February 6, 2007, 9:20 pm
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My client, who has been living on a boat, called for her
appointment this year. It seems she and her husband have
been evicted from their slip at the marina because the
harbormaster doesn't want a wooden hulled boat messing up
his domain. He also doesn't take kindly to the husband who
vaguely resembles Jeremiah Johnson in appearance and is a
highly paid aerospace technician. After searching around the
local area (Huntington Beach, Newport Beach, Long Beach, San
Pedro - lots of beaches here) they could find no marina that
would take the wooden boat. They were forced to buy a
motorhome to live in since they were evicted from the
marina. The harbormaster has told them that they have to
move the boat somewhere or he will have it removed. They
just gave up and left it in the slip.

Can they deduct the loss of the boat due to some kind of
calamity? It was not eminent domained. It was not actually
stolen but they were forcibly deprived of its use. I'm
trying to get her to get an appraisal of the boat. I'm also
wondering what the harbormaster is going to do with it.

Linda Dorfmont E.A., CFP, CSA

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Posted by DORFMONT@aol.com (Linda Dorfmo on February 14, 2007, 9:41 pm
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> My client, who has been living on a boat, called for her
> appointment this year. It seems she and her husband have
> been evicted from their slip at the marina because the
> harbormaster doesn't want a wooden hulled boat messing up
> his domain. He also doesn't take kindly to the husband who
> vaguely resembles Jeremiah Johnson in appearance and is a
> highly paid aerospace technician. After searching around the
> local area (Huntington Beach, Newport Beach, Long Beach, San
> Pedro - lots of beaches here) they could find no marina that
> would take the wooden boat. They were forced to buy a
> motorhome to live in since they were evicted from the
> marina. The harbormaster has told them that they have to
> move the boat somewhere or he will have it removed. They
> just gave up and left it in the slip.
>
> Can they deduct the loss of the boat due to some kind of
> calamity? It was not eminent domained. It was not actually
> stolen but they were forcibly deprived of its use. I'm
> trying to get her to get an appraisal of the boat. I'm also
> wondering what the harbormaster is going to do with it.

Is anybody going to comment on this situation?

Linda

Moderator:
How is this different from not having your lease renewed
and being unable to move some major furniture?

<< ======================================================= >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2006) - All rights reserved. >>
<< ======================================================= >>

Posted by Bill Brown on February 15, 2007, 1:21 am
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> My client, who has been living on a boat, called for her
> appointment this year. It seems she and her husband have
> been evicted from their slip at the marina because the
> harbormaster doesn't want a wooden hulled boat messing up
> his domain. He also doesn't take kindly to the husband who
> vaguely resembles Jeremiah Johnson in appearance and is a
> highly paid aerospace technician. After searching around the
> local area (Huntington Beach, Newport Beach, Long Beach, San
> Pedro - lots of beaches here) they could find no marina that
> would take the wooden boat. They were forced to buy a
> motorhome to live in since they were evicted from the
> marina. The harbormaster has told them that they have to
> move the boat somewhere or he will have it removed. They
> just gave up and left it in the slip.
>
> Can they deduct the loss of the boat due to some kind of
> calamity? It was not eminent domained. It was not actually
> stolen but they were forcibly deprived of its use. I'm
> trying to get her to get an appraisal of the boat. I'm also
> wondering what the harbormaster is going to do with it.

I don't see any standing for a deductible loss of any sort.
Apprently no one else does either or they would have jumped
in with a response.

<< ======================================================= >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2006) - All rights reserved. >>
<< ======================================================= >>

Posted by Harlan Lunsford on February 17, 2007, 4:58 am
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Bill Brown wrote:

>> My client, who has been living on a boat, called for her
>> appointment this year. It seems she and her husband have
>> been evicted from their slip at the marina because the
>> harbormaster doesn't want a wooden hulled boat messing up
>> his domain. He also doesn't take kindly to the husband who
>> vaguely resembles Jeremiah Johnson in appearance and is a
>> highly paid aerospace technician. After searching around the
>> local area (Huntington Beach, Newport Beach, Long Beach, San
>> Pedro - lots of beaches here) they could find no marina that
>> would take the wooden boat. They were forced to buy a
>> motorhome to live in since they were evicted from the
>> marina. The harbormaster has told them that they have to
>> move the boat somewhere or he will have it removed. They
>> just gave up and left it in the slip.
>>
>> Can they deduct the loss of the boat due to some kind of
>> calamity? It was not eminent domained. It was not actually
>> stolen but they were forcibly deprived of its use. I'm
>> trying to get her to get an appraisal of the boat. I'm also
>> wondering what the harbormaster is going to do with it.

> I don't see any standing for a deductible loss of any sort.
> Apprently no one else does either or they would have jumped
> in with a response.

Plus of course being busy this time of year. But really,
here is a personal loss entirely.

(waves to Linda!)

ChEAr$,
Harlan

<< ======================================================= >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2006) - All rights reserved. >>
<< ======================================================= >>

Posted by Dick Adams on February 17, 2007, 4:57 am
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> My client, who has been living on a boat, called for her
> appointment this year. It seems she and her husband have
> been evicted from their slip at the marina because the
> harbormaster doesn't want a wooden hulled boat messing up
> his domain. ...... they could find no marina that
> would take the wooden boat. They were forced to buy a
> motorhome to live in since they were evicted from the
> marina. The harbormaster has told them that they have to
> move the boat somewhere or he will have it removed. They
> just gave up and left it in the slip.
>
> Can they deduct the loss of the boat due to some kind of
> calamity? It was not eminent domained. It was not actually
> stolen but they were forcibly deprived of its use. I'm
> trying to get her to get an appraisal of the boat. I'm also
> wondering what the harbormaster is going to do with it.

Come think of it, have them donate it to a 501(c)(3).

Dick

<< ======================================================= >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2006) - All rights reserved. >>
<< ======================================================= >>

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