@taxdean wrote:
Is there a better link for reasonable expenses specifically.
No, and you really have to watch it with respect to certain expenses of estates and trusts.
Generally, an estate or trust can deduct any and all expenses incurred for the management, conservation, or maintenance of estate or trust property, along with the standard taxes, interest, fiduciary/attorney/accountant fees.
However, other costs, that would be "commonly or customarily would be incurred by a hypothetical individual holding the same property" cannot be deducted as miscellaneous expenses.
See https://www.thetaxadviser.com/issues/2014/aug/cantrell-aug14.html
Your expenses (airfare, travel, meals, cleaning, et al) are typically incurred by property owners; they would fall within the category of "ownership costs" and, as a result, would not be deductible since they are commonly incurred by individuals.
The Regulation can be found at the link below:
https://www.law.cornell.edu/cfr/text/26/1.67-4
