The IRS requires a very detailed mileage log, so if you are ever audited, you run the risk of losing your mileage expense if you simply estimate.

Feel free to shoot me a message here and we can hop on a call sometime, if you'd like. 

@Pat McQuillan have you reviewed IRS form Schedule E?

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer. 

I’m active in Chattanooga, so it’s only a short hop away from where you are in Nashville.

Because that is actually how we communicate with the IRS - only through our tax returns (until audited of course. 

This will strengthen your documentation and will have basis if you are ever challenged by IRS.

The goal is to show that you are not making money in the lens of the IRS, but also making sure that you can + cashflow in the lending world.

My log shows only four 229 calls since 8/2022, with the most recent one in 10/2023.One call shouldn’t count: alleged IRS debt relief.Two with no useful intell.One is a confirmed (alleged) “Homebuyer’s Inc.”

Connect with local real estate agents, attend meetups, or hop on online forums.