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Updated over 7 years ago,

User Stats

235
Posts
35
Votes
Sam Stout
  • Flipper/Rehabber
  • Reno, NV
35
Votes |
235
Posts

Overseas property deductions

Sam Stout
  • Flipper/Rehabber
  • Reno, NV
Posted

Hey there,

    So I own a piece of land in the Czech Republic, which I am designing a home to be built on, but it's not as quick of a process as you may think.  My question is, can I write off my travel expenses for me and my family to go there once a year?  Can I write off the Airbnb charge to rent a home in the village where our land is?  Can I write off the costs of designing the home, even if it hasn't been built yet?

Thanks!  

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