Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
BPCON2026 Orlando

October 2 - 4 Early Bird tickets are now ON SALE. Purchase your tickets today and save $100!

Get tickets
BPCON2026 Orlando

October 2 - 4 Early Bird tickets are now ON SALE. Purchase your tickets today and save $100!

Get tickets
Followed Discussions Followed Categories Followed People Followed Locations
Goals, Business Plans & Entities
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 17 years ago on .

Account Closed
  • Real Estate Investor
  • Alexandria, VA
2
Votes |
39
Posts

vehicle and mileage

Account Closed
  • Real Estate Investor
  • Alexandria, VA
Posted

For those BP members who own their own businesses I was wondering how you pay for your vehicle usage when doing business. If you fall into one of the following categories feel free to just state which one but for those that do not I would appreciate more details as to your particular case.

A) private vehicle that is expensed to the business at the prevailing IRS rate for mileage/wear and tear
B) private vehicle that is expensed to the business at a regular, monthly rate (i.e. $300 for fuel and $300 for vehicle payment)
C) company owns the vehicle and thus gas and wear and tear is paid directly by the company
D) none of the above

Thanks!