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Updated almost 8 years ago on . Most recent reply

Nathan S.'s profile image
Nathan S.'s profile image
Nathan S.
  • Rental Property Investor
  • from Minneapolis, MN
  • Member since Dec 6, 2016
  • Posts 50
  • Votes 15
  • Experience 11 Yrs
  • Investments 6
Connect

User Stats

50
Posts
15
Votes
Nathan S.'s profile image
Nathan S.'s profile image
Nathan S.
  • Rental Property Investor
  • from Minneapolis, MN
  • Member since Dec 6, 2016
  • Posts 50
  • Votes 15
  • Experience 11 Yrs
  • Investments 6
Connect
Nathan S.
  • Rental Property Investor
  • Minneapolis, MN
15
Votes |
50
Posts
Tax, SDIRAs & Cost Segregation

CPM- Tax Deductible?

Nathan S.
  • Rental Property Investor
  • Minneapolis, MN
Posted

I have been considering getting my CPM (Certified Property Manager) designation both since my day job is in Property Management and I moonlight managing my own property investments. The program is approx $6000 to complete and usually takes a couple of years depending on class availability. Would this expense be tax deductible? Also, if travel is required to attend a class, I would assume that those expenses are deductible since I am considered "in business". Nolo books agree. Any CPA's out there that are comfortable giving advice here?

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