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Level 1
January 5, 2024
Question

Mileage

  • January 5, 2024
  • 1 reply
  • 6 views

In a rental real estate partnership, if the partnership reimburses a partner for mileage for use of a personal owned vehicle, what form and where would the partnership deduct the mileage expense?

Would it be on form 8825 line 4 auto and travel expense?

    1 reply

    Level 15
    January 5, 2024

    That is where the partnership would deduct the payment for vehicle expenses related to the rental property.