[ANSWERED] Your client, a physician, recently purchased a yacht on which he flies a pennant with a medical…

Your client, a physician, recently purchased a yacht on
which he flies a pennant with a medical emblem on it. He recently informed you
chat he purchased the yacht and flies the pennant ro advertise his occupation
and thus attract new patients. He has asked you if he may deduct as ordinary
and necessary business expenses the costs of insuring and maintaining the
yacht. In search of an answer, consult the editorial materials in any tax
service. Explain the seeps taken to find your answer.