Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 10 years ago,
Deducting Travel Expenses from Taxes
Hello BP community!
I live in California and plan to invest out of state. To get started, I am planning to visit 2-3 cities for a day or two to learn more about the areas and view properties.
My question is, since I'm travelling for business purposes, could I deduct my travel costs as a business expense?
If so, what do I need to set up in order to accomplish this?
Thanks.
M