KJT2025
Returning Member

Mileage deduction for Real Estate dealer

I have purchased a house to flip January 2024 in an LLC one owner. It is on the market but hasn't sold yet. There was a few expenses in Nov & Dec 2023 leading up to the purchase in Jan 2024. I read on this community,  I only list those expenses to set this business should be claimed now and file everything else the year the house sells.. Can I also claim business mileage and tolls that were also in the pre-purchase period that are related to this property now or do I wait and add those when the house sells . Additionally my office is in my home, does mileage to the property and back even count. I have a GC but went to the property almost daily to make sure the project stayed on track.