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8 March 2020 | 10 replies
It shows that if the numbers make sense the best time to get started is today no matter which vehicle you choose.Continued success to you and keep the updates coming, love this kind of content!
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18 April 2023 | 7 replies
The same as every other growing investment vehicle ever.Eventually supply will outpace demand by enough that people will start getting out of the game, supply will drop, and things will balance again.
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14 September 2019 | 6 replies
One of my buyers was able to get a new furnace when the original (which had a 5 year old motor) unexpectedly gave up the ghost.At about $450 to $500 it is cheap piece of mind if you worry about future complaints or claims.
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7 August 2018 | 3 replies
I need to look into LLC's further now that I know they are a common vehicle for this type of arrangement.
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8 March 2021 | 3 replies
Hello, I was wondering if anyone had any insight on if expenses incurred in obtaining a vehicle for my real estate business would be tax deductible.Example: I own property in Michigan and purchased a vehicle for $10,000 in Phoenix Arizona.
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17 January 2020 | 8 replies
I also will have to purchase a vehicle around the same time.
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20 April 2023 | 33 replies
For example, last month I made a request to paint stripes for parking because vehicles were parking in positions that did not allow optimal use of the parking lot.
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29 November 2020 | 1 reply
You have to show that you are in the business of doing flips before you can actually deduct the expenses.If you have more than one business - you can potentially deduct vehicle expenses(standard or actual method).If you are an employee, deducting vehicle expenses is currently suspended.
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8 January 2022 | 211 replies
I ended up working on our school's electric vehicle because of his influence.
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10 April 2023 | 11 replies
If you are thinking of real estate investing as REITS or Mutual Funds, I would advise my friends to stay away because those assets do not have the critical tax benefits offered by direct ownership of real estate.If you are going to create vehicles whereby people can invest directly in real estate and get the full depreciation benefits of ownership, then you need to have an excellent track record.