Last year I bought a truck for my sole prop schedule c property management business. When I am not using the truck I rent it off on Turo. Last year on Turo I made $3851, but my truck was used for 10,000 miles on Turo and only 1,000 miles for my business use.
For Turo income I did not receive a 1099 as I guess it is under the threshold. Do I put also Turo in as a seperate self employment income/expense and double entry my truck and the separate the mileage difference? Do I insert interest paid of truck on both entries?
What about cost of utilization of my driveway (customers vehicles, and my Turo vehicles)?
