Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax Liens & Mortgage Notes
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 7 years ago, 10/27/2017

User Stats

277
Posts
91
Votes
Buddy Holmes
  • Investor
  • North Charleston, SC
91
Votes |
277
Posts

IRS Deduction for Real Estate Investing Expenses

Buddy Holmes
  • Investor
  • North Charleston, SC
Posted

What are the IRS rules on deducting expenses for Real Estate investing efforts?

I have several current rentals which are reported on Schedule E.

However for "Driving for dollar" expenses, trips to check out DST investment properties, trips to check on unimproved properties, etc. These do not seem to be appropriate under a Schedule E and I have found reporting expenses on Schedule C to be a bad idea. So what about these?

@Amanda Han, @Brandon Hall, any thoughts?

Loading replies...