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Updated over 8 years ago on .
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Can I tax deduct the mileage used looking for rental properties?
Just about to buy my second rental property - however as a result in finding this one I drove to see quite a few properties the past few months. As it obviously was work related mileage, can I deduct that mileage on my tax return?
This second rental property will be purchased soon, but it will be during 2017, yet most of that mileage occurred during the last few months of 2016.
Hope someone can advice, thanks!
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They are actually an addition to the basis of the purchased property.