Also, it will also apportion the profit/losses via the K-1 distributed to each of you come tax time.Good luck.

Started with county tax parcel mapshttps://tax.idaho.gov/gis/parcelmaps.cfm- Choose state and then county ( I picked Ada County)- Searched by address or interactive map (I usually start with an address and then play around with the interactive map)For illustrative purposes, I searched for the following address:1750 E.

My CPA had a letter in my tax prep documents that says that those with W-2 income can't deduct business mileage anymore.This is the first I had heard of this.

Reno is a booming city with tons of tax incentives being offered to businesses and of course the tax free status offer to owner-occupants.

Taxes are never the right reason to make good financial decisions.2.  

-319,000 listed -40,000 rehab -450,000 to 470,000 ARV-2,500 rent - 4525 tax- above 800 credit score 

Hi @Malikah Planas I just now got off a call with my Tax Advisor CPA and he told me that 531390 is the NAICS code to use as a wholesaler. 

I recently found landwatch.com.I'm not aware of any legitimate websites that have these kinds of deals.

I am self-filing my taxes through TurboTax (extension in Texas due to ice storm) yet I can't seem to locate where or how I would apply the cost segregation numbers to maximize the tax advantages.  

Don't forget the other expenses of being a homeowner over renting: property taxes, insurance, water/sewer, repairs/maintenance.