A few questions for starting up

[Cody Skidmore]

Hello everyone! I had a quick question regarding tax deductions that I wanted to try to get an answer to. I plan on putting a home office in my house and had read in BP's "tax strategies for the savvy real estate investor" (which is an amazing book by the way) that you did not need to have an LLC or business entity to be able to write off the cost of putting the office in.. I just wanted to verify that I would be able to do this and not get stuck in the end without being able to deduct it.. Any input regarding this matter would be greatly appreciated.! , Also, as far as flipping goes I'm really only able to write off my gas, mortgage interest, taxes, etc.. Correct? Just want to make sure I'm covering all my bases before I dive in! Thank you in advance!!