Your Questions About Estate Planning

Ken asks…If I'm planning to buy real estate out of state, are my trips to look at properties deductible?In accordance with the usual IRS travel/meals/ent rules, of course. Are these deductible this year even if I buy next year? What if circumstances change and I don't buy at all? I've heard that if I don't buy, not deductible; if I do, must be added to basis, not deducted. On the other hand, another person doing the same thing was told by his accountant to form an 'investment' corp. and

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