Caden, a financial planner, decides to quit his job with an investment bank in Charleston, South Carolina, and establish a private practice in Santa Fe, New Mexico. In connection with the move in 2016, he incurs the following expenses:
Moving van charge......................................$4,500
Lodging during move.......................................540
Meals during move..........................................410
Loss on sale of residence in Charleston...............9,000
Mileage for personal autos........................3,500 miles
How much of these expenses, if any, can Caden deduct?