Are you looking for more tax deductions?

Could you take a business travel trip to a city where your mom and dad live?

If so, consider the following:

You could pay rent for staying at their home.

You could deduct as a business travel expense the business part of the rent you pay.

Mom and Dad could collect the rent tax-free.

To make this work, you need to

document your business travel,

consider the 1099-MISC rules, and

know when rental income is tax-free income.

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