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Updated over 7 years ago,
Moving to BRRRR. Are expenses tax deductible? (Rent, car, etc)
My question may not apply directly to this forum, but I wasn't sure where to put it. Apologies!
I'm considering moving to another city for a few months (maybe a year), buying a distressed SFH, rehabbing it, then renting it out.
My question is: Since I'm am investor (this would be my second house), what expenses (if any) are tax deductible? Rent? Other living expenses? Flights back to my hometown?