Investors & landlords


@RobertG wrote:

Once you use actual expenses for the vehicle (even if it's the first year you used it for business), you can't switch to standard mileage rate. You must continue using actual expenses as long as you use that car for business.

 


That is not correct.  You CAN switch back and forth (assuming you used the Standard Mileage Rate in the first year).  But I would not recommend doing it with TurboTax because the program is NOT set up for that in SEVERAL ways.