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Cat-lady
Returning Member

Can I allocate actual vehicle expenses among three different rental properties with one vehicle?

I have an older vehicle and it will give me a better deduction than using mileage 

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Leonard
Intuit Alumni

Can I allocate actual vehicle expenses among three different rental properties with one vehicle?

Yes, you can allocate your vehicle expenses between three different rental properties based upon the vehicle's expenses allocated by how much the vehicle was used for each property.

 

[Edited 03/10/2020 | 2:14 pm PDT]

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1 Reply
Leonard
Intuit Alumni

Can I allocate actual vehicle expenses among three different rental properties with one vehicle?

Yes, you can allocate your vehicle expenses between three different rental properties based upon the vehicle's expenses allocated by how much the vehicle was used for each property.

 

[Edited 03/10/2020 | 2:14 pm PDT]

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