Was considering going to the 2019 BP Conference. I own a couple rentals and was wondering if the travel and conference expenses are tax deductible as an educational expense? It wont make or break the decision, but would easier to convince my wife with it being a deduction :) Thanks!
I would deduct it.
Thanks Lance. I know someone asked the question in the general forum announcement but didn’t look like it was answered and possibly skipped over.
Making reservations today. Looking forward to the trip.
I would clarify that I would deduct the conference. The travel... it depends. Ask your CPA what the rules are surrounding deducting travel expenses. You may or may not be able to deduct the full amount.