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Updated about 3 years ago on . Most recent reply

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Levi Giafaglione
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Tax Strategist/ CPA needed

Levi Giafaglione
Posted

I am an investor living in southern California.  I own a duplex in Ohio and some land lots around the country.  I need help with taxes and getting the most out of the tax code, including educating me on how to write off travel fare to my units.  

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Basit Siddiqi
Tax & Financial Services
Pro Member
#4 Buying & Selling Real Estate Contributor
  • Accountant
  • New York, NY
3,658
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8,132
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Basit Siddiqi
Tax & Financial Services
Pro Member
#4 Buying & Selling Real Estate Contributor
  • Accountant
  • New York, NY
Replied

@Levi Giafaglione

You want to plan your travel accordingly.

If you plan it property, the air flight, hotel, certain meals and certain local travel(Uber / Taxi) can become deductible.

Be mindful that Ohio is a very unique state because many localities have their own separate filing obligations.

I.E. If you have a rental property in Cleveland, you may be required to file a Cleveland Locality tax Return.

This would result in having to file a Federal return, California return, Ohio return and Cleveland return.
Not many tax professionals know about this requirement.

best of luck to you in your search

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Basit Siddiqi CPA
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