BPCON 2024 tax deduction?

[David Cianci]

Hello all, 

I am starting a rental arbitrage business shortly. 

I have a question regarding if I can use BPcon as a tax deduction for my business. 

I would love if a CPA could reach out to me on this post or by direct message that I can speak with over the phone to get an answer to my full in depth question and situation to see if it is possible. 

I appreciate your consideration!

[Michael Plaks]

@David Cianci

I do not know the details of your business, so it's only a generic answer that may or may not apply. Most likely, this will be deductible as "start-up costs" once you actually start your business. So if you don't start until 2025, it will not be deductible until 2025.

Your mileage may vary.

PS. Expecting an established CPA to give you a free personal consultation on the phone is not realistic. The only ones who will do it are the newer CPAs desperate for business and hoping that you will become a paying client later.