Private Lending Tax Write-offs
I've been involved in funding some rehabs and JVing on some deals. I was wondering if there are things an individual can write off on their taxes. For example, business lunches with clients, trips to go visit properties (either gas expense for local flips or travel expenses if investing long distance). I'm just looking for suggestions, I'm sure a tax attorney could give me the advice I need specific to my state but I don't have an attorney yet so I'm just trying to get a feel for how much is acceptable. 2 business trips a year? 10 business lunches? or nothing at all, since I don't have a business.