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Investors & landlords
If the property is held available for rent during the period of time it is listed for sale, then your travel expenses would be deductible. Otherwise, they are personal expenses and not deductible.
See the following excerpt from IRS Publication 527:
Vacant while listed for sale.
If you sell property you held for rental purposes, you can deduct the ordinary and necessary expenses for managing, conserving, or maintaining the property until it is sold. If the property isn’t held out and available for rent while listed for sale, the expenses aren’t deductible rental expenses
June 6, 2019
7:48 AM