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Tax, SDIRAs & Cost Segregation

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Paul Bowers
  • Real Estate Investor
  • Macedon, NY
290
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251
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Driving for Dollars deductible?

Paul Bowers
  • Real Estate Investor
  • Macedon, NY
Posted May 20 2017, 18:42

I'm starting to track my mileage via the Mileage IQ app and wondering whether driving for dollars mileage is deductible.  If so, does that make virtually all my mileage deductible?  I can't remember the last time I drove anywhere that I wasn't scouting for properties, writing down addresses, etc...  Where do you draw the line between just driving and driving for dollars as far as deductibility?

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