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Updated about 5 years ago on . Most recent reply
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Does this seem like my CPA is overly conservative
I really like my CPA, last year was the first time using her. I feel that she might be a overly conservative and not help me write off as much as i should. Does anyone get to write off traveling and looking for new rentals? If i travel to another state to look at a house, i was told i can only write that off if i actually buy one. Does that seem correct to everyone?
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Bill B.
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That is correct. Otherwise everyone would look at possible rentals in Hawaii or Fiji, or Australia. They might even take along their family as consultants.
If you buy those expenses become write offs, not until then.