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485 - What Can You Really Deduct? by Amanda Han

BiggerPockets Daily

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Do We Really Need to Keep Receipts?

If mileage tracking does not become a habit, chances are good that we won't even think about riding off our miles until tax time. Create systems for your real estate business to automate and stream line as much as possible with respect to mileage and receipts. If your travel fairly consistent, you can actually keep detailed records for a period of time and then apply that to the entire year.

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