TAX TIP OF THE DAY... deduct airfare to inspect a rental propery
Are airfare and private airplane expenses deductible? A couple owned a rental property 7 hours away by car. To save time and money, they bought a private airplane and were able to deduct airplane expenses for the property management trips. And if you don't own an airplane, coach airfare would be deductible for the same purpose. SHARE WITH A FRIEND. If you need a tax appointment... www.baboiancpa.com Comments are closed.
|
Details
AuthorDavid S. Baboian, CPA Archives
February 2018
Categories |