MileIQ: Mileage Tracker for BIG Saving on Business Expenses

MileIQ: Mileage Tracker for BIG Saving on Business Expenses

Real Estate Agent · Yukon, OK · Member since 2016 · 3 posts · 1 vote

App: MileIQ (Mileage Tracker) 

As a Realtor and Investor I drive a MASSIVE amount of miles each year. With my father being a 

CFO that leaves me with little room for making excuses when tax time comes around. 

That lead me from using a paper log track, (Bahh!) to finally landing on MileIQ. 

Through MileIQ I saw that I was able to write of 95% of my miles compared to the normal 70% guess and hope I don't get audited. 

Since MileIQ has helped me get big savings by automatically logging all of my drives I thought I'd write a post supporting MileIQ. They definitely deserve it! 


Benefits & Features of MileIQ

Logs Miles Automatically: 

  • Automatic drive capture
  • Accurate & reliable tracking
  • Comprehensive mileage log
  • Minimal battery use (this is very helpful) 

Classify Drives: 

  • One-swipe drive classification
  • Standard & custom purposes
  • Additional drive details (vehicles, parking, tolls & notes)
  • Bulk & automatic classification options 

Customize it to fit your needs: 

  • Vehicles & odometer readings
  • Editable mileage rates & units
  • Work hours & custom drive purposes
  • Email & notification preferences

Reports: 

After using MileIQ for a full year I was able to customize all of my favorite stops.

For Example: 

When I went to do my taxes I typed in "Home & Work" and classified hundreds of drives with 1 click!

Praise the Lord!

I'm going to write another post about MileIQ at the end of 2016 giving a report showing how many miles I wrote off and the big saving that followed! 

As a thank you for reading the post here below are two gifts from myself and MileIQ. 

FREE Downloadable E-Book By MileIQ.C: 

Tax Planning for Self-Employed Business Owners & Independent Contractors

This book is 128 pages, so it doesn't play around! I liked how my wife and I were able to 

see how to maximize our home office deductions. 

This book help us save hundreds of dollars. 


Thanks for reading! 

Connor Ross

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  • Rental Property Investor · Los Angeles, CA · Member since 2014 · 259 posts · 55 votes
    10y

    Hello @Connor Ross

    Indeed great app, I use it every day! I would suggest disclosing the affiliate link provided, though. 

    Happy 4th,

    Kyle

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