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Updated about 5 years ago,
Travel expenses to look at real estate for purchase?
I'm planing a trip to Florida to look at some rental property prospects to add to my portfolio that is currently entirely concentrated in Seattle. Since I don't own any rentals in Florida but am going there to look at properties, are my travel expenses still deductible? Even if I don't buy a house on this trip? I plan on looking at several houses with a realtor while there and may very well put one under contract, however; are the travel expenses deductible even if I don't buy?