Income tax on first time rental - question

[Lovehound]

Originally Posted by oregonwoodsmoke

Check with your accountant, but my understanding of it is that you can deduct your travel expenses, but only for yourself and not for the entire family.

I have heard this too, and IIRC that's what the IRS publication says too. Furthermore there may be additional restrictions.

I suggest OP should get and read the IRS publication "business travel expenses" or some such name.

[blondiered7]

If the mortgage wasn't done for an investment property or you haven't turned it into one and have the paperwork to back that up....you cannot claim your travel expenses.