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Updated almost 9 years ago on . Most recent reply

User Stats

32
Posts
7
Votes
Pat Bruton
  • Investor
  • San Antonio, TX
7
Votes |
32
Posts

Deducting meals?

Pat Bruton
  • Investor
  • San Antonio, TX
Posted

I have one rental property that I have owned (actively involved) for 5 years and I am buying my second next month.  I have several meetings per month with my wife (business partner) about the properties as well as contractors, investors (potential partners for future properties).  I was under the impression that I could deduct these meals expenses (50% limit) but now am questioning that since I am not seeing a place for it on TurboTax under rental property.  Anyone have any insight on this?  Thanks BP!

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