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Updated about 5 years ago on . Most recent reply

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Aaron Marx
  • Murrieta, Ca
2
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10
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Planning a buisness vacation.

Aaron Marx
  • Murrieta, Ca
Posted

My wife and I have a mmllc for a duplex in iowa. Would my planned buisness trip qualify for tax reasons. We are trying to go to hawaii this coming May for a ten day trip. Would my plan qualify a buisness expence reguarding air fare, lodging, car rental, and dood on the days buisness is conducted. We are going to two different islands. One day of flying in, met with a realtor and look at some houses or raw land, for one day. Personal time next two days. Fly to second island one day, Next day meet with a realtor rinse and repeat, two days of relaxing then fly home. 10 days total, 3 days of flying 2 days of realtor meetings. Would that qualify as a buisness travel for a buy and hold llc. I would set up meeting with email correspondence before I book the flights. Thank you any input would be greatly appreciated.

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16,433
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Ned Carey
  • Investor
  • Baltimore, MD
12,718
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16,433
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Ned Carey
  • Investor
  • Baltimore, MD
ModeratorReplied

@Aaron Marx I think you are fooling yourself. Are you saying the primarily reason to go to Hawaii is for your business. You don't even make a good argument for that here. 

Ask your CPA. If he says yes consider a new CPA

  • Ned Carey
  • Loading replies...