What, if any, expenses are allowed as tax deductions ie: food, travel expenses, rental car, flights?

I already have a few colleagues who have decided (against wiser judgement, IMO) to take once weekly flights to NYC from Rochester, and still have a huge home upstate.

Great lesson even for experienced investors like me - go through the due diligence checklist like an airplane pilot always go through his pre-flight checklist.

It seems as investors get older and gain capital and cash flow they have more of a flight to quality and preservation mode to keep what they have and be more reserved with investing.

Airways (lots of direct flights to places I go often).

The sign up bonus are high enough to pay for flights right off the bat if you are an out of state investor.

Looking outside of Rock Springs, I could look for metro areas that are either within a two-hour drive or a cheap direct flight.

So, having a pitbull and making it mean by maybe tying it up outside (So, that it no longer has the choice between 'flight or fight' as defense) fits right into their image.

Alternatively, you can search for an agent that would prepare a BPO (Brokers Price Opinion) and may have MLS access as well as comments on the nature of and estimated cost of the necessary repairs.Nice F.O. right-seat flight photo.

I am an investor and Broker in Houston but I reside most of the month as a Flight Attendant in LA.