For a BRRRR investor, which miles are deductible?

[Jon S.]

What mileage is deductible for a real estate investor who practices the BRRRR strategy, works from home, and travels back and forth to the properties. During the renovation stage, I drive back and forth between home and property a few times a day; are those miles deductible?

[Cameron Skinner]

Your commute to work is not deductible, IRS has interpreted this in your type business to mean you first trip to the job sit, or "business activity" and trip home is not deductsble.  But once at that first business activity, then any trips to the bank, hardware store, post office other job sites, are deductible soyou can be creative.  I knew a business owner who had to take cash to night deposit box at bank after work every night, he passed 3 branches closer to go to a branch near his house.  This way he could writ off his miles to the bank evey night, but not the milage from the bank to home, he would do the same in reverse to the post office business PO box every morning. 

Hope this helps, good luck