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Updated over 9 years ago,

User Stats

22
Posts
1
Votes
Chris Ready
  • Redondo Beach, CA
1
Votes |
22
Posts

Tax deductions before owning an investment property

Chris Ready
  • Redondo Beach, CA
Posted

Hi all,

New Real Estate investor here in the process of starting out.

I know that once I own a property any operating expenses, travel etc. are tax deductible but does anyone have any insight into collecting receipts for business meetings and recording mileage relating to starting up investing and buying a first property?

My intention is to buy a first property this year but there's a chance it could slip into next year.  

Thanks in advance for any help. 

Chris

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