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Old Oct 24, 2003 | 8:08 pm
  #3  
flytoeat
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[QUOTE]Originally posted by nologic:
I have the option to pay an office rent of about $5,000 per month on a credit card for a 3% surcharge. On the surface, I thought this was too high. Then, I realized that the cc fee (3%) is tax deductible, so the net cost of the miles is closer to 1.85 cents/mile, which is a decent deal...so, I may elect to pay with my credit card after all.

[QUOTE]

You can buy "incentive" miles cheaper through your business, usually around 2.5 cents per mile. This too can be expensed, and applying the same percentage you used to calculate your net cost per mile, can be had for approximately 1.55 cents per mile.



[This message has been edited by flytoeat (edited 10-24-2003).]
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