You'll want to enlist a CPA on this to assist you- Repeating the above for Cancun, since it's a vacation destination already, I'd almost guarantee you that you cannot write it off 100%In regards to travel, it's also important to remember that even if everything is used 100% for business, the IRS classifies business expenses being valid if they're "ordinary and necessary".

Starting with a small multifamily property is a fantastic idea—it gives you a chance to live in one unit while renting out the others, which can help offset your mortgage and build equity faster.

I have legal background, billing, office and executive assistant type experience, and now many years of marketing experience as well.

We are currently living just south of Boston and are looking to purchase a 2-4 unit property in which we would live in one of the units.

I used to live in the lower mainland but invested where the numbers work like Vancouver Island or Northern BC.

I assume you want to live in one side of it?

That said, I wanted to share my story about how I found an out-of-state property, got it rented, and set it on autopilot.BackgroundI’m in my late 20s, living in a very high cost of living city and working in tech.

Just google the following: - special assessment - zombie condos - Florida condos (look for recent news)Since you are not living near the properties anyways, why not look in a landlord friendly state where the purchase prices are lower?

The person worked for H&R Block, now works for TurboTax Live and is being honest about their skills: NOT QUALIFIED.

I sometimes wonder if people just feel lazy dumping their money into an index fund in the stock market and actually using all that free time to go out and live life.