I know a lot of military personnel were writing that stuff off in previous years, but they weren't supposed to be.You can look at a 2017 Pub 3 (page 17) to see what I mean about uniforms. https://www.irs.gov/pub/irs-prior/p3--2017.pdfSome uniform stuff was deductible, but (essentially) if you could wear it off base, it wasn't deductible even if you paid for it out of pocket.No big deal if you did write it off.

If not offset it, reverse it, adjust it or...IT is not about the journal entry, it is about your financial reports in your accounting software that you need to look, verify and then take the step for accurate numbers.

Hello,I have heard and seen many different responses / information to the following question, and hope a CPA or an experienced professional in the topic can shine some light on this:"Can you write off travels to / from if you are traveling only to view properties and meet with a property owner / real estate Investor / etc.?"

If you're leaving a software engineering job to learn how to be a Kirby vacuum cleaner salesman, with thoughts that you'll open your own Kirby business, I'd say don't touch anything and learn to be as frugal as possible.

I need help deciding on all these different RE software programs. 

Even with some of the writing and reporting staff from many major blogs focusing on concern with rising interest rates, investing in real estate and rentals is sure to be a great move in 2019.

I am a software engineer by trade so if the data is in a raw format I can still work with it.

If you own it, I know of one market in my area that may write it now, knowing the project is not yet done. 

I have discovered that I am having issues with taking action so I decided to write a post to hopefully get some encouragement from the community to drive me to take action with some advice!

Hello - I’m looking for a platform that enables us to track properties we are looking at purchasing.  Ideally this would have a some type of feed into the MLS to be able to pull down data.  Does anyone use a system fo...