Do you need an LLC to report business expenses when filing taxes?
Do you need an LLC to report business expenses when filing taxes?
This is a question I have had for a while, have researched and talked to a few people about it, but I can't seem to get a straight answer on. I even contacted Turbo Tax, but the tax expert was reluctant to "give tax advice".
Along with this, I have a couple other questions:
1. What exactly would be considered a claimable business expense? I own a rental that I had to do some interior work on; patch holes in the drywall, painted the inside, new roof, re-did the outside of the chimney, new carpet in three rooms, and bought a fridge and stove for it, among other smaller things.
2. Has anyone used MileIQ?
I appreciate any, and all advice! Thank you!