It depends.
If this is not a BUSINESS you can't.
If this is being held as an investment, you can't claim expenses such as travel. Only costs that affect the basis would count. (What it cost you to purchase it)
If this is a building, and you "Materially participate" you could claim expenses, such as gas or mileage. However, you would need to list the vehicle as a business asset, and the IRS could question how you could materially participate in something that was located so far away.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
