I have a rental property (inherited from my grandfather) in Europe. so, each time I travel there i spend about a day or two dealing with the rental matters (and about 12 days on personal/fun). Can i deduct any portion of my travel expenses from my rental income? if so, which ones?
Note that I was specifically advised that by establishing in my house in the USA a small home office for managing my rental property, I then could deduct my full airfare once every couple of years, as travel expense from my office to the property (even if the home office deduction is practically zero). Is this true?
Please advise. Thanks!
