Tax, SDIRAs & Cost Segregation
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago, 07/30/2016
Tracking Expenses on a Live-in Flip
I'm doing a live-in flip as my first deal. While I'm treating as a business, I have not entity or other history with real estate investing. Because I look more like a home owner spending money on his house than an investor, I've assumed that I can't use rehab costs to offset my tax liability. Is that the case?