Daniel Chen
Section 179 Question for rental business
4 January 2025 | 11 replies
To deduct the vehicle using section 179, it would need to be a qualified SUV/pickup/van over 6000 pounds.
Brady Ascheman
Should I keep inherited tenant?
2 January 2025 | 15 replies
I would certainly keep that tenant.
Vidit Maini
Starting my small business
2 January 2025 | 14 replies
Year 1, I intend to keep my W2 job while i work to get my small business going.
Alicia Howard
RV Depreciation for 2024 taxes
14 January 2025 | 4 replies
To throw a wrench into things, if we were talking about real property/structures that were being short term rented, it's possible/likely that your depreciation period would be 39 years, not 27.5.However, a vehicle - which is what an RV is, regardless of how you're using it - is 5 year property.
Jeff G.
What are some warning signs that an area is slipping from C class to D class?
7 January 2025 | 19 replies
Unkempt lawns, trashy or broken down vehicles, mattresses and trash on empty lots, boarded up houses, bars on windows, dealers and hookers on the corners, the lack of stores or gas stations, occupied properties are dilapidated, etc.Or when Google maps shows stuff like this:
Spencer Elliott
Keeping Land Loan separate from site prep and home loan
2 January 2025 | 2 replies
Is it possible to keep my land loan out of it to keep the total cost low?
Keith Groshans
Keep Idle Cash Working in SDIRA
29 December 2024 | 7 replies
Assuming these are for short-term loans, such as for flips, @Keith Groshans, you could do what we do and let the borrower keep the money and pay everything when they sell the property.
Mohammed Islam
Seller trying to keep EMD, financing fell through.
1 January 2025 | 8 replies
In my state the standard contract used by realtors addresses this issue by allowing the agent to check a box specifically to limit the seller to keeping the EMD as opposed to going after "liquidated damages" like that.
Joe S.
BOI injunction reinstated again today??
8 January 2025 | 9 replies
They seem to keep going back and forth on this issue.