- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
What about other types of education expenses, like trade schools, real estate courses?
What if I pay for courses and travel to 8 hr classes?
As well as a lot of on-line study, to start a Real estate business?.
Accepted Solutions
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
What about other types of education expenses, like trade schools, real estate courses?
Education related to present line of work is deductible if it meets the ordinary and necessary requirements.
Exploring starting a new business is not currently deductible. If the business is started then this may be a start-up expense for that business.
Take a look at this for the start-up costs (if you actually start one of the business ventures):
https://www.thebalance.com/how-to-deduct-startup-costs-on-business-taxes-397608
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
What about other types of education expenses, like trade schools, real estate courses?
Education related to present line of work is deductible if it meets the ordinary and necessary requirements.
Exploring starting a new business is not currently deductible. If the business is started then this may be a start-up expense for that business.
Take a look at this for the start-up costs (if you actually start one of the business ventures):
https://www.thebalance.com/how-to-deduct-startup-costs-on-business-taxes-397608
Still have questions?
Or browse the Forums