New member here. I just posted in "new intros". I have a question. I started managing some properties my dad and I own. They are spit into several LLC's. The vehicles that will be used in the management and upkeep of ...

i have one rental property.  i also have a new car and a primary residence where my wife and child sleep!  should i purchase an umbrella policy with 1mil in liability coverage or purchase a stand alone policy that cov...

Hi all,

I was listening to a podcast talking about if you bought a new SUV and put your business information on it, you could write it off 100%. Does anybody know if this is true? Does it have to be a LLC? Or would j...

What all can I deduct as business expenses?  I closed on my first rental (a duplex) yesterday and want to make sure I maximize all my deductions.  Can i deduct internet, cell phone, office supplies, car insurance (if ...

So I did my first flip. Worked out great. Bought it for $225k. Put another $125k in it. Sold for $450k. 6 Month time frame. Now... it's treated as a short term capital gain..... what can I offset it by? If I bought a ...

I recently acquired a property through foreclosure from owning the note/mortgage.  What are the laws on any personal property left on premises, in particular, an abandoned vehicle and a heavy-haul equipment trailer.  ...

My tenant reported tha neighbors are blocking driveway with their vehicles or trash can etc. Tenant and I informed the neighbors but no change. Property doesn't have HOA, how do I handle these neighbors.

If I lease my car to my scorp,  the scorp can write off the lease payment.  Can I write off the mileage on my personal taxes?  Also can I depreciate that payment.?  If this isn't the best setup what should I do?

I am a landlord with 26 units. I've sold a few of my properties and now will have a larger income. I am thinking about buying an SUV over 6,000 gvwr in hopes of lowering my taxable income using the first year bonus. 
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