Originally posted by @Steven Hamilton II:
Originally posted by @Daniel Hyman:
If the property is set up as a business, then you would, I believe, be able to deduct mileage. However, it might be advantageous to capitalize the vehicle on the books and then take the depreciation expense. A good tax preparer will be able to guide you on which one is better for your situation.
No, you cannot deduct the first set of miles as they are commuting. You can deduct between places or the trip to Home Depot. But you cannot deduct to and from. This is especially true considering it is your home as well. You will also have to allocate between business and personal percentage if a repair or item is for the entire property.
Correct-commuting between home and rental is not deductible but between between rentals is, in fact, deductible.
