- lose your property or properties in a lawsuit, even your own and your family's personal possessions like your home, your vehicles, tools, bank accounts, and more?

Choosing not to declare the business miles driven on your personal vehicle.3.  

Gain = proceeds - tax basisLoans do not factor into the equation.There are special rules surrounding S179 and vehicles (called "listed property").

So much unusable meat with no bread vehicle to travel to my stomach.You would think the light fixture guys would get together with  the light bulb people and say "Hey lets make America Great Again!

Hello,I am trying to see if the section 179 vehicle deduction would apply for my case.I have a W2 full time job, as well as short term rentals:- W2 job takes 40hr of my time 4d/week at the office, 1d/week from home- I visit the short term rentals 1-2 days/week total. 

I'm really interested in utilizing real estate as an investment vehicle but definitely see myself as more of a passive investor due to my current job paying well and being time intensive.

Any time you use your vehicle for business, you deduct the expenses (gas, oil changes, etc).

Sailing just happens to be the vehicle as could RVing or Real estate which is why I'll throw it out to everyone here.

Then once we have the Deed we will refinance through a conventional lender and pay back the first note with interest, etc...Wasn't sure what options for fast cash for someone buying to live in a foreclosed vs using it as a investment vehicle. 

The reason for that is that when that job is done, that tool/machine/vehicle can sit on the shelf or in the parking lot or in the warehouse and cost very little to just sit there waiting for the next job.