PatriciaV
Expert Alumni

Investors & landlords

Yes, you can report your vehicle usage under Vehicle Expenses on the Rental Summary page for your Rental Property. TurboTax will make all the necessary calculations for you. 

 

It may be easier to take the Standard Mileage Deduction, based on the number of miles you drove for your rental. This deduction includes an allowance for depreciation, fuel, and maintenance. 

 

You have the option to enter your actual expenses to compare which is best for your tax situation. Again, TurboTax will calculate depreciation for you in this case.

 

For more info, see:

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"