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Updated over 7 years ago,

User Stats

107
Posts
14
Votes
John G.
  • New to Real Estate
  • the US of A
14
Votes |
107
Posts

Moving to BRRRR. Are expenses tax deductible? (Rent, car, etc)

John G.
  • New to Real Estate
  • the US of A
Posted

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?

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