Makes a big difference.Most contractor "partnerships" I have seen simply involve him floating the cost of the rehab until sale and occasionally hearing about a deal.

If you are the landlord and you want to let the person out of the lease but have spent the money you now have a conundrum.This occasionally happens in the PM business and we hold the money and pay the owners the correct amount each month.

Don,  occasionally I will go to one of the guru set up meetings here in PDX which are usually a local hotel room 5 minutes from my house.

I get an occasional request to fund bulk, or a portion of a bulk tape they can flip right away.

I'll still occasionally let customers do this if I'm feeling nice, but now I let them know ahead of time (and have a clause in my contract) that if something goes awry with their materials and/or subs, it's on them to clean up the mess.

I have okay earned income as a transportation engineer, some passive income and occasionally some cash.

For me, it's the occasional help with cleaning that is usually my treat.

I've occasionally used Propwire and think it's pretty solid for a free tool.

He might be paying $1,200 simply to calculate depreciation and occasionally if a “repair” has to be capitalized. 

Your tax advisor is spot on—writing off a luxury car for your short-term rental (STR) demands solid proof of business usage; slapping a logo on the side won't cut it.The IRS lays down strict guidelines: the car must be regularly and exclusively used for business, excluding occasional STR trips or grocery runs.