Travel Expenses - Managing rental properties

03-09-2004, 07:00 PM

jnindel

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Travel Expenses - Managing rental properties

Florida: I have owned a vacation/second home in Florida for four years. I fly to Florida from Virginia (and rent a car) two or three times a month. In the past year I have purchased four rental properties, and will be purchasing more. I manage the properties myself.

I would be going to my home in Florida two or three times a month regardless of whether I owned the investment properties. My question is, can I start claiming the cost of the airline tickets and car rental as business/rental expenses since I visit each property each time I come to Florida (and perform maintenance on the properties)? Or would the IRS question this? As I said, I would be coming to Florida whether I owned the properties or not.

Please be so kind as to e-mail any guidance you may have to me at my e-mail address [email]jamesnindel@mac.com[/email].

Thanks.

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