For example, if, in an 18 hour waking period, you spend 2 hours snooping through the AirBNB, writing down the makes and models of appliances, figuring out the distribution of the mini shampoos and inventorying how many cooking supplies your hosts are providing and the thread count of the sheets, then an auditor might allow you to take 10% of your total trip expenses as a deduction.If, however, in an 18 hour waking period, you spend 6-8 hours per day interviewing Hosts, researching which properties would make good AirBNBs, researching the local laws, touring properties, meeting with an agent and vigorously pursuing your next acquisition, you'd have a MUCH better case for writing off your travel expenses (but probably not your lift tickets and equipment rental).If, on the other hand, you are traveling and on vacation and just hang out in your AirBNB without actually performing any activities, then the odds that an auditor will allow any deduction at all is pretty minimal.In any audit, it would be up to you to document the business purpose of your trip.  

@dave - you are mixing apples and oranges.

Run it like the executives would run Wal-Mart or Apple.

So, it's really apples and oranges.

You have to compare apples to apples.  

Do the numbers your way, and do it consistently for every deal you look at so you can compare apples to apples.

It's kind of like comparing apples to oranges, each loan is different depending on the terms, what matters is what works best for you.

You can lift a house or apartment complex but not the area.Do your numbers and be VERY realistic.

At the end of the day, you're going to end up doing most of the heavy lifting on the buy side anyway.

Tenants in our single family homes pay for yard debris removal unless they choose to hire a landscaping company to remove it as part of their service, or haul it to disposal sites themselves.Note, in our city and county the garbage/recycle/yard debris collection trucks use a device that attaches to the bins and hydraulically lifts them from the street or alley and dumps them into the truck.