This community is filled with people with different temperaments, talents, and convictions that are helping each other find ways to succeed in purchasing Real Estate, Automobiles, Planes, Boats, and now Businesses. 

Defendants spent at least $749,243 on automobile related expenses, including at least $92,127 to a Jaguar Land Rover dealer, $243,414 to Crown Automotive in St.

Then the debts are "Omitted".This is usually more beneficial for a person who receives W2 income from an employer and wants to exclude their W2 income from being hit by the credit cards, automobiles or mortgages being paid out of their business checking account.There are also ways to gross up some of the income but some lenders have overlays and hit you with things rather than allowing add backs.

I am an ambitious retired network engineer who started that career after closing down my first business which was in the automobile industry، sooner later I developed an interest in investing in my property and other ones by using Airbnb. it was a really funny story to begin but you know that after one year I would be managing 33 luxury apartments distributed across one of the fastest growing communities in my country.

It is very time consuming to allocate overhead costs such as automobile, cell phone, etc. to each property.

It is like a an automobile and has it's own title and technically is movable.A mobile that has had "elimination" of title is something else.

My suggestion to every one that does not understand this concept and thinks its a gimmick to sell insurance should find some one that is actually doing it and build a relationship with there are infinite ways to build your warehouse of wealth this is just one of them.The Infinite Banking Concept (IBC) will teach you how to become your own banker by:Creating your own banking system using dividend-paying, permanent life insurance.Using available savings and cash flow to build your own “bank.”How to capitalize and establish your plan.How to use IBC to finance your automobile purchases and even to finance your home.How to expand your system to accommodate all income through a system of banks to increase your personal wealth.How a business can use the concept for equipment financing.The possibilities are infinite!

Ended up funnelling a bunch of traffic to this particular Credit Union who accidentally ended up financing automobiles via home equity, not exactly the risk profile they had sought out!

What I mean here is that many people deduct their automobile expense in Line 9 – Car and Truck Expenses…..and you might be correct that itemizing your automobile deductions might allow you to get a HIGHER deduction when using this line….but your lender cannot add it back to your income!

2) It states -- "No structure shall be erected on any residential lot other than one detached family dweling and an attached or detached or build in private garage for not more than three automobiles.