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Are meals deductible associated with a Sch E rental?

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Level 1

4 related individuals each own 25% of a Sch. E rental.

1)They have lunch meetings to discuss rental activities: repairs, bills, etc. throughout year.
2)They have lunch meetings to discuss sale of rental, and sign escrow papers.

What percent (if any) of food expense is deductible as a rental expense for either 1 or 2 or both?


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Level 15
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Thank you!
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You're welcome.

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