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Updated over 9 years ago on .
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Specific Tax Question For Representing Myself In Property
Hi All,
This is my first year recording my mileage. I am a real estate agent and work full-time as an attorney for a corporation. Accordingly, I only spend a small percentage of my year working as an agent v. attorney; however, I do have several clients and deals. My question is twofold:
1) Can I write off mileage for a property that I purchased for MYSELF as a rental property in which I do not live? I was the acting agent on the property and took a commission on the property but, again, I purchased this for myself.
2) I routinely go from home to work (actual job) and then from work to either one of my properties as a property manager or to meet one of my clients to look at properties, etc. I should have no problem reporting the mileage from my unrelated job home base to the properties I meet my client at, correct? What about from my home to a property that I meet my clients at, considering I usually only drive from my home to one of these properties during the weekend or after my normal 8-5 job work hours. I am having some trouble with this due to the fact that my actual job is my actual job and anytime I drive from my house to a client I am going to look at a property with them.
As for the property management aspect of it, I can report mileage from my home to that property, correct?
Thanks so much for any help!
Cheers!
Most Popular Reply

Work to the property is deductible. Property to Home is not.