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New Member
posted Jun 6, 2019 3:57:44 AM

If I lend my car to my friend for business use (maintains a rental property), can I or he deduct the mileage on the car?

The car is titled to me and I bought it outright.  I have no relation to my friend's business.

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1 Replies
New Member
Jun 6, 2019 3:57:46 AM

A couple of things here. In order to deduct mileage you need to claim a business and deduct it there. SO that's not going to happen. Here's where it gets  a little sticky. In order for him to deduct mileage the car has to be invested in by him (by that I mean he has to own it SO that's not going to happen).  If he were paying you on a lease basis you could claim it but you'd still need to claim a business. Better to let sleeping dogs lie.