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Updated almost 7 years ago on . Most recent reply
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Business Travel - Tax Deduction
Hi BP, I am curious to know what proof do I need to travel to Utah (from Oregon) to check up on a rental property for the IRS audit of my business trips? I could possibly save down pictures of my texts with the tenants, notifying them I am coming... However, I do want to do drive-by's without them knowing I am in town? Does having a rental property in Utah qualify for a business purpose without needing any evidence?
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Travel expenses for rental properties are deductible, but there are caveats.
Save all of your receipts and keep a log of the business activity that was done during the travel.
Not all travel expenses are deductible though, so this is an area that you might want to discuss individually with your CPA.
- Daniel Hyman
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