untzstdyme
Feb 14, 2009, 11:35 AM
My wife and I bought a rental at the end of last year . And over the course of 8 months we remolded it . I drove to the rental from my work 5.1 miles . She drove to the rental from our home 7.35 miles . And we would then drive home in the two separate cars 7.35 miles home .Over the coarse of the 8 months we logged 3040 miles . This also included travel for supplies . Now the big question is . What of this is allowable as a deduction on our taxes . I've been told this amount of mileage would be an automatic red flag to the IRS which I am not fearful of since my taxes our clean
I haven't been able to find any regular info by web search . I hope someone familiar with this could help . I'm using Tubotax Premium so I'm trying to avoid seeing a tax guy
Thank you for you help Underpayment
I haven't been able to find any regular info by web search . I hope someone familiar with this could help . I'm using Tubotax Premium so I'm trying to avoid seeing a tax guy
Thank you for you help Underpayment