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Tax, SDIRAs & Cost Segregation

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Charles H.
Pro Member
  • Rental Property Investor
  • Huntsville, AL
39
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93
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Ways to write off prospecting trips

Charles H.
Pro Member
  • Rental Property Investor
  • Huntsville, AL
Posted Jan 26 2019, 16:12

Hello,

I am looking for strategies to write off trips to some areas I'd like to invest in.

I know that when you own a place you rent out, as an individual, you can write off the trip when you go check it out.

Is there anything that can be done when you are in a prospecting time ? Should I create some kind of investment LLC and put the airfare as expense?

Appreciate your ideas and strategies.

Thanks.

Charles

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