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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
- Real Estate Broker
- North Richland Hills, TX
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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.