General Landlording & Rental Properties
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 over 6 years ago,
Tax strategies w/o business license
I’m reading tax strategies for the savvy real estate investor by Amanda Han and Matthew Macfarland. They briefly mention missing deductions on tax returns such as mileage driven to visit rental properties, meals with real estate agents, writing off portions of a trip as a business expense, purchasing technology as expense related etc. Can this be tax deductible if you do NOT have a business license in place? What is the preferred method when starting property rentals; have a business license or not?