@whodiini , let us assume that you have two cars --- one that is used by your wife ( prop tax $150 ) and a second used by you ( $100 ). You have two rental / income props. . You use your car (#2) for your rental work and recognized on Schedule -E as follows ( 20% of Car #2 usage for prop #1 and 10% for prop #2 ).
Therefore your On schedule-A you would show :
Car #1 ---- $150;
Car#2 ---- $ 70 ( 20% for Prop1 and 10% for prop excluded)
and on Schedule-E you would show
Prop#1 -- $20 as Car expense
Prop. #2 -- $10 as Car expense
Does this make sense ?
BTW -- why are you using actual expense ( tax, fuel, repair. insurance, interest depreciation etc. etc. ) and not per mile amounts ? That would be much simpler and less likely to be challenged, especially since you are using standard deduction for Federal return?
Is there more I can do for you ?
