resale of Skin's tickets

[jgalecpa]

Originally Posted by SKINSnCANES

I was just going to say the same thing. I think our club tickets have a face value of $60 on them. But technically we dont acutally pay anything for football tickets. We are essentailly paying 4K a year for the right to own the seat. So any concert that comes to the stadium, we get first chance to buy our own seat. And then the football tickets are just kinda given to us and they randomly put $60 on it.

Not to go off topic, but you don't want to read the many cases (100% of those contested) the IRS has won that limits the business deduction of tickets to the face value printed on the ticket, and that the seat license is completely non-deductible Pursuant to Title 26 US Code Secs 167-168

Rat Bast*rds!

Jim