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Updated 5 months ago on . Most recent reply

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Lori Brittain
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writing off meals during REI meetups

Lori Brittain
Posted

Should I be saving my receipts when I attend local meetups for a tax writeoff?

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Basit Siddiqi
  • Accountant
  • New York, NY
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Basit Siddiqi
  • Accountant
  • New York, NY
Replied

If you are in a trade or business, you may potentially be able to write off costs to attend a meetup, and meals while you attend.

The purpose is justified as you are trying to build connections which is required within the real estate space.

The costs of the meals have to be reasonable.

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Basit Siddiqi CPA
4.9 stars
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