How is this business reported? If schedule C separate out the individual travel expense from the business portion like your airfare (not family), food, (Not fam...
That would depend on how may years back those losses go. As a real estate professional you can deduct losses against other income. I assume your past losses are...
Of course, as long as you can determine with some accuracy what your tax bill will be. IRS does not care which form of payment just as long as it gets paid.
If the entire house is used for business regularly and exclusively for business yes. Some businesses have purchased old houses and renovated them for business u...
