I am a sole proprietor. I bought in Russia a land and a manufactured structure, which is a drive thru coffee shop.
To establish a business I spent some time in Russia to register the land, to connect utilities etc. The business is not making any profit and I don't have license to operate since it is not yet registered. While doing prep work, dealing with construction, I incurred MIE expenses.
1. Can I claim MIE expenses for the time that I spent on preparing my business while I was in Russia?
2. Can I claim these MIE on a separate Schedule C and show loss?
