TaxTip about Auto Expenses You Can Actually Deduct |
Posted at Tips from T-ReX by T-ReX Global
March 26th, 2008 2:09 pm
Categorized in: TaxTips
Tagged with: auto expenses, taxtips
Starred by: 1 Member
Vehicle expenses paid exclusively for rental activity can be fully deductible. Using the actual expense method instead of the standard mileage rate might be more beneficial if your vehicle incurred a lot of expenses during the year.
