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Updated almost 4 years ago on . Most recent reply

Geoffrey Hoffmann's profile image
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Geoffrey Hoffmann
  • Member since Jul 22, 2021
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Geoffrey Hoffmann
  • Member since Jul 22, 2021
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Geoffrey Hoffmann
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Goals, Business Plans & Entities

Typical RE investment LLC startup deductions

Geoffrey Hoffmann
Posted

Hi I am getting started and can’t find info on what can be deducted for this type of business during the startup period. ( yes, I will speak with a CPA ASAP.)

in the meantime what are some examples that I can deduct in the first year before I have bought a rental property?

also when does the buisness “start” for tax purposes?  When I start planning or when I collect my first rent check?

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