Mileage for showings
72.5¢/mile
Can You Write Off Mileage for Showings?
Short answer: Yes: driving to showings, listings, closings, and inspections is business mileage; commuting to a single office isn't.
Most real estate agents are 1099 contractors who deduct business costs on Schedule C, lowering income and self-employment tax.
Records to keep: Keep receipts, 1099s or W-2s, a mileage log, and a note of the business purpose. W-2 employees should ask about employer reimbursement.
Mileage for showings
72.5¢/mile
Remote Workers / Freelancers / Consultants
Yes: driving to showings, listings, closings, and inspections is business mileage; commuting to a single office isn't.
Business justification
Yes: driving to showings, listings, closings, and inspections is business mileage; commuting to a single office isn't. Most real estate agents are 1099 contractors who deduct business costs on Schedule C, lowering income and self-employment tax.
Category
- Write-Offs by Job