Best way to deduct meals, vehicle, etc. on taxes for landlord?

[Account Closed]

I am actively seeking investment properties (buy and hold) in the Raleigh, NC and surrounding areas (A & B neighborhoods predominantly) and need insight regarding how to structure an entity that is tax advantaged.  Currently when I meet with real estate professionals, interview contractors, discuss investing in real estate with friends/family I cannot write off any of the expenses on my income taxes - some of my friends who own businesses write off a reasonable # of meals (where business is discussed), they also write off their vehicles and other expenses that pertain to their businesses.

Any insight from REI's who have experience? Appreciate your help.

[Samuel Collier]

One thing to think about is that, depending on how much you're writing off, it could hinder your ability to get a loan in the future (assuming you wanted to finance multiple properties.) Tax write-offs will reduce the amount of income a lender can credit you with for qualifying purposes.