Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
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

All Forum Posts by: Nicholas P.

Nicholas P. has started 1 posts and replied 2 times.

Post: Two Questions (Mileage Related)

Nicholas P.Posted
  • Clive, IA
  • Posts 2
  • Votes 0

Just wanted to thank everyone for the valuable input! This helps!

Post: Two Questions (Mileage Related)

Nicholas P.Posted
  • Clive, IA
  • Posts 2
  • Votes 0

1) Can anyone recommend an accountant in Des Moines area that they use and specialize in real estate?

2) Regarding mileage. Lets say I'm going to Ankeny for dinner, its about 30 miles round trip for me. If I look up a house that is near the restaurant to stop at along the way and then claim the mileage as a deduction (30 miles) is there any fault to that?   If no, what stops someone from doing that for EVERY trip they make? I could literally, by just taking a couple extra seconds deduct, every single bit of mileage on my car even though I'm using it for personal use at or along the way to the business destination.  Going to WalMart? Nope just looking at paint colors. Going to the zoo? Just checking out the surrounding neighborhood. Going to day job? Nope just taking a new side street each day to check out houses or see what neighborhood activity looks like on different days of the week.

-Do you have to split the mileage up personal and business? Or is there something I'm missing?

-I have a '13 Honda Civic that costs me just 32 cents per mile including maint/depr. yet the government gives 50+ cents per mile.  Thus, I'm netting 18+ cents per mile and free trips to groc store.

-One last sub question. Best free mileage tracking service with smartphone? Any recommendations?