In today's episode, we are going to talk about how you can legally write off your vacations!
Disclaimer: Consult with your accountant about your own specific tax questions.
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Whenever I go on vacation, I am able to write it off! One of the ways I do this, is because legally, I am technically working while I am on vacation? How does that work? Listen to what Matt and I discussed to find out how! If you missed our first video, you can find it here:
How to LEGALLY Pay No Taxes With Rentals... [ Ссылка ]
One of the beautiful things to being a real estate professional is that pretty much anyone can qualify, as long as you put the work in! You don't even need to purchase any real estate of your own in order to qualify. Matt discusses all of the requirements in order to qualify as a real estate professional for tax purposes.
My newest business endeavor is social media! Now that I am a YouTuber, I am able to write off my vacations because I vlog them. Since I am vlogging my trips to make YouTube videos, I am able to write off my vacation, because the vlog is in pursuit of income!
Disclaimer: Consult with your accountant about your own specific tax questions.
How I LEGALLY Write Off My Vacations...
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