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AliceTxa
New Member

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

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?

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2 Replies

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

not deductible as a passive investor 

KarenL
Employee Tax Expert

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

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

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