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25 March 2017 | 17 replies
As soon as the HOA notifies you they want them evicted start making plans to sell the condo since it appears you are ill equipped to continue as a landlord.
22 February 2017 | 22 replies
@Louis Alvarez Interesting perspective...you're the first CPA that has brought up Sch A and it's a good point.The SMLLC that owns the three houses is the same SMLLC that owns the tools (used to fix/repair/rehab) all three properties (in conjunction with the use of contractors for items requiring a permit), phone system, office and admin type equipment etc.
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20 April 2017 | 5 replies
Eventually, it will be used to purchase landscaping equipment, business computers, trade subscriptions, etc.
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25 April 2017 | 12 replies
I was wondering if I can claim lawn equipment, truck, and trailer on next years taxes.
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23 May 2017 | 50 replies
But $100 is far less than she would have been charged if she had called a fence repair company, and is a reasonable amount given that someone had to drive there, own the tools to make the repair, check the measurements, cut if necessary, install the new pickets in a seamless manner, then pack up all their equipment and leave.
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11 July 2017 | 4 replies
Don't forget to check for power on equipment in the basement or common areas.
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20 September 2017 | 10 replies
Assuming it was a blue Supra box, police can't even break into those things without major equipment (ask me how i know.)
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6 October 2017 | 11 replies
Part of your plan for being a Landlord (Investor) should entail, office equipment, phone, desks, computers, file cabinets, software you will use to keep track of your business investments, and a ton of other things.
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11 October 2017 | 22 replies
The tenant might honestly feel that you put shoddy/cheap/dangerous equipment into your rental.
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16 October 2017 | 19 replies
But I would think tools purchased to work on your rental property would qualify as business equipment and qualify for section 179 deduction.