JosephS1
Expert Alumni

Self employed

No, you cannot take a per diem deduction for investment property.  Investment property expenses must be specific and itemized by category.  Your question does not state whether this relates to rental property, land investment, or any other.  All investment property expenses must be specifically identified.  

 

If you would like more information please see the links below:

 

Small Business and rental deductions

IRS Publication 527

 

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