We have a rental property in the Denver area which is profitable. Our current tenants are ending their lease and we would like to visit the property before we have the next tenants move in.
I'd like to be able to deduct the cost of flights, car rental and reasonable meals (something like sandwiches at subway and maybe breakfast at a diner).
I'd also like to be able to deduct the costs for both myself and my wife.
-What steps should we be taking to allow us to deduct a short trip (overnight or even just a day trip with a flyin in the morning and flyout in the evening) to "inspect" our rental property?
1. Should I make sure to have a written scheduled appt with our property manager (in email) and would that be sufficient?
2. What can I do to decrease the chances of triggering an audit?
3. Do I need to be more of an active participant in the business beyond just a meeting with the property manager and inspecting the property?