Hey there Bigger Pockets Community,
I have an interesting situation on my hands and would like some input to see if this plan is allowable or wise. My In-laws own a business that has government contracts in transit a...
I belong to a clubhouse gym that wealthy people belong to. The cost of the membership is absurd compared to a regular gym membership and the only reason why I'm paying for this membership is to meet high net worth ind...
My questions stem from velocity banking...1. I know there is a tax deduction for writing off the interest on an investment property is it dollar for dollar?2. Let’s say, an investment property has a mortgage and ...
I've had this question in my head for a while and figured I'd finally ask it. Let's say you created a youtube channel for the purpose of creating a following & eventually making a profit. A DIY maker type channel...
I know Ive seen a thread re: this but I cannot find it. If you utilize a full time PM company for an out of state rental property can you still deduct expenses for an annual/semi annual visit??
I need to spend some money and cut down on taxes. CPA advises I purchase a vehicle so I'm curious about the advantages and I'm very short on time because it has to be done by December 31st.I understand what type of ve...
Before the new tax law, the interest on up to $1 million on a mortgage secured by a primary residence could be deducted on scheduled A. Likewise, the interest on HELOC up to $100k could be deducted in the same way. I...
Are haircuts tax deductible for certain businesses? Also, how would Trump carry back real estate losses after the 08 crash? Wouldn't the real estate carry back losses have to offset other capital gains but not ordinar...
Hi All,
I have a couple of questions regarding security deposits.
A tenant, who is moving out,has ruined a carpet by allowing their young children to urinate on it. Though it has been professionally cleaned, the sme...
Short-term rental marketplaces such as Airbnb, HomeAway, and Vrbo have made it easy for homeowners and property managers to market their rental property. Experienced operators know that in order to succeed, you need t...