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28 November 2024 | 1 reply
In fact, it often appreciates.To go a little deeper:Depreciation was designed for assets that wear out or become obsolete over time, like machinery or vehicles.
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26 November 2024 | 4 replies
Covered parking for 8 vehicles. any thoughts on agent or non-agent?
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2 December 2024 | 13 replies
You need a company vehicle for the guy to get there.
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28 November 2024 | 22 replies
I believe the new President will kill the EV mandate . ya I am a Tesla fan boy first to admit it I have owned 5 of them and was going to buy the cybertruck but I really needed a gas vehicle to get back into the fishing areas out here in the west that are 100 miles literally or more back into BLM land National forest or State lands.
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26 November 2024 | 6 replies
My wife and I both have decent paying jobs, but after paying rent, vehicles, student loans, etc, there’s not much left over for saving, let alone 20% down.
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28 November 2024 | 9 replies
With regard to your "DST" and as with many highly structured tax vehicles that have a potential "self dealing" quality to them, there are a number of potential potholes you can easily step in along the way (e.g., constructive receipt doctrine, effective control over nominal 3rd party relationships, lack of genuine risk bearing and compliance with transactional terms, etc.).
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19 November 2024 | 4 replies
Because I park it at home and we cant have a business vehicle parked at home .
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1 December 2024 | 134 replies
WE took 16 40 yard dumpters off of that house property and various vehicles etc etc. there was also a live boa constrictor that scared the heck out of one of the workers it got away ( of course) and the police wanted me to walk to all the neighbors and warn them to watch out for their cats:)WE demo's the house and I built a 1.5 mil dollar spec on it.
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25 November 2024 | 2 replies
Take short-term rentals - they do provide several tax benefits, but they are hard to run and very hard to succeed at so people make the mistake of choosing the tax vehicle, get the benefit, and then lose money on the investment and hate it.
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25 November 2024 | 4 replies
Make sure to work with a forestry professional to ensure sustainable harvesting practices.Rent it for Storage or Equipment: With the rise of RVs, boats, and large equipment, you can rent out part of the land as storage space for these vehicles.