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Updated over 9 years ago on . Most recent reply

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. 

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