We bought a motorhome to use for a craft business. We are depreciating it on our taxes. Can we also take a mileage/expense deduction?
If you use your motorhome for business, you can either use the standard mileage deduction or the actual costs method, and not a mix of the two methods.
Please read this TurboTax article for more information:
We bought a motorhome to use for a craft business. We are depreciating it on our taxes. Can we also take a mileage/expense deduction?
We do the same thing, but the mileage deduction answer doesn't fully answer the question. If I am taking the 2nd home interest deduction, then can I use the interest deduction on my standard mileage deduction?
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