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21 May 2015 | 26 replies
In TX we have this lovely new LLC called a series LLC so it lets a mom and pop get some of the benefits of the multiple company structure for the cost of one tax return and one trip to the lawyer's office.
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12 February 2017 | 8 replies
Lance - she said there is no place on my personal return to put mileage costs associated with trips I make to look at new properties (i.e., ones that I do not own) that I am interested in possibly purchasing.
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15 November 2017 | 26 replies
@Shannon Shue This is an older thread but I wanted to see how your trip to Birmingham went last year.
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1 May 2021 | 300 replies
I always time it in combination with a family trip and then I can write the whole trip off as a business expense.
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31 October 2023 | 8 replies
Do what he described with the full "intention" of living there but hey if you have to go back out of state to visit family or do some business trips out of Vegas, that's fine too
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19 May 2023 | 20 replies
If we assume we're looking at recession over the next year or two, the first thing to typically dry up is peoples discretionary budget so trips to Disney get postponed or cancelled altogether.Therefore, from a planning perspective, if the STR market dries up or slows WAY down like it is in other markets, it would seem to be to be an easier thing to potentially shift to long term rental for a year or two if you were renting out a 4 or 5 bed home, versus trying to LTR in a 10+ bed home.I'm just looking at this from a strategic perspective and trying to play this as smart as I can.
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28 July 2023 | 41 replies
The multiple trips you made, the window units that didn't work, and the new condenser that froze, to you seems like lots of extra effort and trips to make things work and should have earned points towards "effort" and "bending over backwards", to your tenants those are just a demonstration of wasted time and effort translating into incompetence and carelessness.
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12 June 2023 | 82 replies
That given how he wired to breaker, does not trip.
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24 August 2022 | 29 replies
Anyway, a POA should cover it to save you a trip.
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5 September 2022 | 9 replies
I took a trip out there to see the place in person rather than just trusting Google Maps.