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Christopher Throop
  • Investor
  • Austin, TX
3
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20
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Tax Deductions possible w/o a Business Entity?

Christopher Throop
  • Investor
  • Austin, TX
Posted

I'm likely to purchase out-of-state property in 2016 and will travel to ensure that things are in order before making a purchase. The purchase will be made using a conventional 30-yr mtg in my name--thus I don't have an LLC or other business entity established. Will I still be able to deduct travel and related expenses since this is technically a personal investment?

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