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All Forum Posts by: Chris Ready

Chris Ready has started 7 posts and replied 21 times.

Tax, SDIRAs & Cost Segregation

Post: Tax deductions before owning an investment property

Chris ReadyPosted
  • Redondo Beach, CA
  • Posts 22
  • Votes 1

Hi all,

New Real Estate investor here in the process of starting out.

I know that once I own a property any operating expenses, travel etc. are tax deductible but does anyone have any insight into collecting receipts for business meetings and recording mileage relating to starting up investing and buying a first property?

My intention is to buy a first property this year but there's a chance it could slip into next year.  

Thanks in advance for any help. 

Chris

0 Votes