Burning down the house? IRS nixes tax deductions

[lord_feldon]

http://finance.yahoo.com/banking-bud...eductions.html

The battered house on Sherwin Road was put to good use before the fire department burned it to the ground.

Five years later, though, a dispute still smolders over the homeowner's attempt to claim a $287,000 charitable tax deduction for donating the house to the fire department, which has burned down at least 32 such homes in Upper Arlington since 1988.