https://ttlc.intuit.com/community/other-financial-discussions/discussion/sccheule-e/01/3289538#M11851 <P>Last September I bought into a vacation property in Cabo San Lucas, I was told that I could write off expenses related to the purchase.&nbsp; These included advertising costs, traveling costs, maintaince fees, closing cost, and deprciation. Since it is a foreign property and i signed up 2 other of my vacation properties, is this real or just smoke the guys were blowing.&nbsp; they put me on the phone with an accountant who assured me it was legal to do. and gave me an old copy of a schedule E showing what I could write off. I have not rented out my weeks so I have no income from it&nbsp; It would provided a nice bump to the deductions Will something like this throw up a red flag for an audit? Thanks</P> Wed, 11 Feb 2026 05:00:31 GMT Rob1441 2026-02-11T05:00:31Z https://ttlc.intuit.com/community/other-financial-discussions/discussion/sccheule-e/01/3289538#M11851 <P>Last September I bought into a vacation property in Cabo San Lucas, I was told that I could write off expenses related to the purchase.&nbsp; These included advertising costs, traveling costs, maintaince fees, closing cost, and deprciation. Since it is a foreign property and i signed up 2 other of my vacation properties, is this real or just smoke the guys were blowing.&nbsp; they put me on the phone with an accountant who assured me it was legal to do. and gave me an old copy of a schedule E showing what I could write off. I have not rented out my weeks so I have no income from it&nbsp; It would provided a nice bump to the deductions Will something like this throw up a red flag for an audit? Thanks</P> Wed, 11 Feb 2026 05:00:31 GMT https://ttlc.intuit.com/community/other-financial-discussions/discussion/sccheule-e/01/3289538#M11851 Rob1441 2026-02-11T05:00:31Z