I know that homebuilts can't be used for commercial purposes, but can the expense of owning/building an experimental be used for tax expense deductions.
If you transport rescue dogs, can you deduct the expense of the flight as a charitable deduction?
If you fly yourself to a business meeting, can you deduct the expense of the flight as a business deduction?
I'm not asking IRS questions as the above are clearly deductible, but would you get in trouble with the FAA by taking them, would this be considered commercial use?
Normally one calculates expense by prorating all the annual costs plus depreciation. Again can one depreciate an experimental plane without enraging the FAA?