Deductions & credits

I believe you cannot use the standard mileage rate for Turo. The standard mileage rate includes depreciation of the vehicle, insurance, repairs, maintenance, gas, etc. However, when you rent out your car your customers pay for their own gas and by using the standard mileage rate you are in a way claiming a deduction for expenses you did not incur since the gas portion of the standard mileage rate was covered by someone else.