July 1, 2010 Mileage Rates

By
Services for Real Estate Pros with Joan Bergstrom Mobile Notary

I was teaching a loan signing course for www.notaryclasses.com yesterday in Anaheim CA and I had a tax accountant in the room and she told me the mileage rate for business mileage  is updated every Jan 1st and July 1st and July 1,2010 the rate will be $0.55 per mile.

In my opinion, mileage should be documented everyday and put in a log.  Lots of money!!

http://www.joanbergstromnotarypublic.com

Comments (2)

Lynda Eisenmann
Preferred Home Brokers - Brea, CA
Broker-Owner,CRS,GRI,SRES, Brea,CA, Orange Co

Hi Joan,

Thanks for the heads up on this.

Mar 08, 2010 02:57 PM
Gary Swanson
Century 21 Harris & Taylor - Grants Pass, OR

Thanks for the info Joan.  I keep track of my miles in my planner everyday, then at the end of the year, I can decide which way to deduct my vehicle, mileage vs. actual expenses.

Mar 08, 2010 04:27 PM