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Can I deduct Mentor/Coaching program?
Hi. I wanted to see if I could get some tax advice. I was laid off and I am trying to start my own real estate business. I bought into a Real Estate mentorship and also bought several software and tools that I will use to help grow my business. I didn't purchase them through my LLC because we are still setting it up. Can the mentorship and the software be deducted from our taxes? I haven't made any money yet and will not receive a 1099. Thank you all for your help.
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‎November 30, 2023
10:29 AM