Personal Finance
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 9 years ago on . Most recent reply
Able to write off trip/travel for real estate research?
I am wondering if I look at, investigate, research real estate while traveling am I able to write off the trip?
I am interested in Belize and want travel there to investigate investing opportunities.
Most Popular Reply
Chris Soignier
#5 Coronavirus Conversation Contributor
#5 Coronavirus Conversation Contributor
- Real Estate Broker
- North Richland Hills, TX
- 607
- Votes |
- 1,016
- Posts
Chris Soignier#5 Coronavirus Conversation Contributor
#5 Coronavirus Conversation Contributor
- Real Estate Broker
- North Richland Hills, TX
I read something recently (on BP IIRC) from a CPA that said you need to subsequently invest in that market to get any tax benefit from the trip. Why did I remember that? Because it deflated my hope of writing off an 11 day trip to San Diego, Prescott, and Durango last year.