Can you deduct travel costs to monitor properties? U.S. Tax Court says yes, within limits
Abstract: The Internal Revenue Code allows the deduction of “ordinary and necessary” business expenses, including travel expenses while away from home overnight for business. This article summarizes a recent ruling by the U.S. Tax Court reminding taxpayers that the deduction is subject to some restrictions. Maki v. Comm’r, T.C. Summary 2019-34 (Tax Ct. 2019).