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Investors & landlords
@MarilynG1 @Carl Thank you -- but I still don't know where to report this vehicle calculation. For my personal vehicle (<50% business use) which I only reported miles when I used it for business when working on my investment rental property, I have taken the mileage amount each year in service, multiplied by the figure in the table as you suggested. I take my original purchase price of the car the reduce it by the total from the table, for adjusted basis. Where to I report that?
Also, when editing all of the Assets to take them out of service, for the RE property itself, it asks if I've always used it 100% for business. This is a vacation rental so my family has used it a few weeks each year. So I mark NO, not 100% for business, and check I first used it part time for business and part time personal? It was always available 100% for business but we went down when it was open - just making sure I understand the real question being asked. Thank you.