topic Tax Year Prior to 2020: Mileage expense searching for new rental property in Get your taxes done using TurboTax

Tax Year Prior to 2020: Mileage expense searching for new rental property

AliceTxa — Fri, 05 May 2023 16:59:28 GMT

I drove around looking for new rental property, but didn't end up purchasing anything. Is this mileage still deductible, and if so, where should this travel expense go on my tax return?

Re: Mileage expense searching for new rental property

NCperson — Wed, 27 Feb 2019 14:27:15 GMT

not deductible as a passive investor

Re: Mileage expense searching for new rental property

KarenL — Fri, 01 Mar 2019 03:50:28 GMT

It would only be deductible if it is in relation to a current rental investment, or if this is your "business".