if the vehicle is used for the business then it can be taxed together 

Del, Flipping takes a lot of money, no way around it, Hard Money should be a last resort, banks lend on commercial notes, that's what I do when I need to borrow for a flip, generally 80% of purchase and I find the fix up, the 20% can be floated on an equity line on other properties, or against vehicles if need be, best is cash,  if you use hard money, figure all the costs in your flip, and re-uping the note if need be, Good Luck.

Here's a good habit (from the guy who had to learn to makes things simple after 30 years of making them complicated:Just write down on a piece of paper the basic terms that apply: The priceComponents of the priceDown paymentFunds due upon at possession Other Consideration Existing loan to remainAmount of Secondary financing (equity of carry back note, wrap, etc)Other non-cash consideration (car, boat, ugly yellow motor home, etc.)Addressing your original post, I believe, is that you keep the offer simple, can show the initial equity of the wrap 2nd either separate from the 1st, or since there really isn't ANY equity in your example, show the existing 1st as a component of the wrap 2nd your are creating.

Getting a vehicle, parking, where is the 6-pack holder as I drive, oh great now that dang kid I hit put a scratch on the door with his wheelchair and I didn't get the rental insurance...... lol. 

If you're considering investing into an syndication I recently connected with somebody who matches potential investors with deal sponsors (they have both accredited and non accredited vehicles to invest in).  

Work your way from top to bottom first with your plan, start backwards, think of your goals and how to get there, look at specific strategy vehicles to get you there, learn them, and find ways to start applying them in real life.

Also, some vehicle expenses.What about computers, printers, etc?

Thoughts on the best vehicles to pull equity out while keeping the owned properties in a good cash flow position.

Justin is a fast growing area, still on the outskirts of Greater Fort Worth, but close to Texas Motor Speedway and the Alliance/114 Corridor.

In the upper left under vehicle storage, select either Boat or RV storage, doesn't matter.