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Updated over 1 year ago,

User Stats

23
Posts
7
Votes
Bryan Odom
Pro Member
  • Investor
  • Los Altos, CA
7
Votes |
23
Posts

Can you write off expenses that were incurred before you bought a property?

Bryan Odom
Pro Member
  • Investor
  • Los Altos, CA
Posted

Hello everyone,

I'm a new investor and haven't bought a property yet. I've read that you can write off expenses such as conference registration fees and mileage. I plan to purchase my first property before it's time to file taxes in April, 2024. If I do, can I write off mileage related to driving to a meetup that took place before I actually purchased a property? If I don't have a property by the time I file, can I write off any expenses?

Thanks in advance for your time! I really appreciate the willingness of people on this forum to answer questions.

  • Bryan Odom
  • Loading replies...