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3: Tax Secrets To Grow Wealth For Short Term Rental Investors
Patryk Real Estate Show - Short Term Rentals
How to Deduct Travel Costs for Real Estate Professional Status
A lot of times people that are in real estate professional status, they travel the country and visit different properties. The big thing when it comes to deducting travel cost is it ordinary and necessary in the course of business. If I take my family on vacation to Hawaii and I decide to whip out my laptop and do some work while I'm in Hawaii, that does not count because I was already going there for vacation.
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