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Travel, M&E Deductions
Has anyone had problems with deducting travel expenses associated with looking at real estate properties in distant areas? I'm reading "Tax Free Wealth" right now and am curious if anyone has implemented the strategy of investing where you enjoy visiting to essential get a discounted vacation so long as you are working more than 50% of the time.
Any audit issues? I keep very good records and have been deducting business meals, expenses, etc for years under my S Corp as a consultant.