Start your membership account today...  Access to credit reports, 100's of rental specific forms, agreements, letters, checklists, how-to articles, guides, expert advice and much more!  Even a FREE, 3-day trial!

Not a Member?
Get a Free Trial Membership

  Get FREE Stuff! Run Credit Report Rental Forms  Shop & Buy Forms!  Advertise Your Rental Customer Care

Welcome to's Discussion Forum
Register Latest Topics

  Author   Comment  

Posts: 14
Reply with quote  #1 
I live in NC and have an S-Corporation. I understand that the only way to get reimbursed for mileage is have my corporation write me a check for the mileage I have driven. I assume I will use the IRS rate of .55/mile. Since I bought 5 lots and setup 3 mobile homes on this property, I assume I can add up all the mileage I have driven looking at different mobile homes, trips to collect rent, trips to Lowes, Home Depot, etc.

Can anyone confirm that this is correct?


Posts: 3,748
Reply with quote  #2 
Commuting miles are not counted.  You can count mileage from the rental to the store and back, but not from your home to the rental.  If you have an established office, you can count the mileage from there to the rental.  The office must be established, must be a real office where people can come, just having a computer in your home would be denied if audited. 


Posts: 3
Reply with quote  #3 
Hello everybody,
nice tips over there. its really interesting..

Previous Topic | Next Topic

Quick Navigation:

Easily create a Forum Website with Website Toolbox.

Apartment Finders > > Member Log-in > Free Trial Offer > Free E-newsletter > Customer Service > Get Free Stuff! > Run Credit Report > Rental Forms > Vacancy Center > Do-it-yourself > Evicting Your Tenant > Foreclosure Resources > Landlord Discussion Board > Income Tax Resources > Information Center > Join > Landlord Law > Library > Multi-family > Professional Advice > Rental & Property Mgmt > Rent Collection > Repair & Maintenance > Security Deposit > Software Center > Tenant Screening > Vacation Homes > What's New > Rental Agreements > Free Leases > Inside Our E-store > > Security Deposits > > Landlord Daily News > Rental Agreements > Resources: Cleaner Sunshine coast