Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago on . Most recent reply presented by

User Stats

45
Posts
6
Votes
Matt N.
  • Investor
  • Clayton, MO
6
Votes |
45
Posts

Tax Question Mileage (Accountants help?!?)

Matt N.
  • Investor
  • Clayton, MO
Posted

Hi, I have a scenario I am hoping someone can assist me with for mileage deductions.

I live at Property A. I work at Corporation B (primary job and unrelated to real estate). All my mileage is typically showing clients properties (real estate agent and secondary job). I go from Corporation B to property often and have been keeping track of that as I believe there are no issues with that. My main question is going from my property I live at to a property to show a client the property. I do this as well and usually only show properties a few times a week. Would the home to a property count since the property is not my business and is merely me showing a client a property -- part of my secondary job and what I would think would be a temporary location since we likely won't ever visit it again.

I was also told to include mileage on schedule C as part of my income... I wasn't sure what was meant there. What specifically would be included on the schedule C and why would someone advocate for that?

Disclosure: I will hire an accountant before tax season -- just trying to stay ahead of curve in tracking my miles. 

Loading replies...