Article Date:
July 2014

Word Count:



Warning: Is Your Real Estate Activity a Business or an Investment?

We received what you would think is an easy question about attending a seminar.


The supposedly easy question triggers lots to think about, as you see in this article.




I’ve been investing more and more in real estate. It’s not my day job currently, but it could become my primary business by the end of a few years.


There are some seminars, conferences, and conventions that I am interested in attending because they appear useful to my current activity. Can I deduct the costs of attending these educational programs?




First, congratulations on the success of your real estate ventures!


With regard to the conventions, you can deduct the expenses only if your real ... Log in to view full article.

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