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Updated almost 7 years ago on . Most recent reply presented by

User Stats

37
Posts
9
Votes
Eddie Knoell
  • Lender
  • Scottsdale, AZ
9
Votes |
37
Posts

Can I write off real estate books as a business expense?

Eddie Knoell
  • Lender
  • Scottsdale, AZ
Posted

Hello Bigger pockets, 

I am a new long distance investor. I want to purchase David Greene's book "Long Distance Real Estate Investing". How would I write that off? Would I simply tell my accountant to expense it on one of my properties next year on the Schedule E when he does my 2018 taxes?

Thanks in advance

Most Popular Reply

User Stats

606
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697
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Bettina F.
  • Investor
  • Post Falls, ID
697
Votes |
606
Posts
Bettina F.
  • Investor
  • Post Falls, ID
Replied
Yes. I can't recall the line number. but there is a line for misc business expenses.

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