How Do Real Estate Agents Track Mileage for Taxes?

Real estate agents can deduct mileage for nearly all client-related driving — showings, open houses, inspections, and office trips — but only if the mileage is tracked consistently throughout the year, not estimated after the fact. Mileage is one of the biggest deductions available to real estate agents, and also one of the most commonly mishandled. The IRS offers two ways to calculate it: the standard mileage rate (a set amount per mile driven for business) or actual expenses (gas,...