I have a tenant who's received multiple citations from Baltimore City Sanitation Dept, for having untagged and inoperable vehicles parked at the house. They have one vehicle that doesn't even have an engine, yesterda...
There are some leaning and standing huge dead trees on my property and I hired someone to cut them. I informed the tenants a week in advance, however they are making the process extremely difficult. They kept parking ...
I am currently in the market for a new/used vehicle. I have been debating spending a little more for a larger vehicle in order to take advantage of the Section 179 write off. I already have an LLC that I plan to title...
Hey everyone,Stumbled across section 179 while looking for ways to increase my deductions. Anyone familiar with this? My wife and I bought a Ford Edge which is in our names, not the LLC. Will we be able to expense par...
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 ...
So I just got back from pricing out a rehab for a house... When I was finished pricing everything out and was about to leave, a huge, brand new Cadillac SUV pulls up slowly. Right away, I know it's another investor, a...
I need to change my old SUV that I used 100% for business and I have a couple of questions that I need answer on before I will make my decision.I base my thoughts on fact that president signs $500,000 section 179 dedu...
I have tenants who have 2 cars parked in their driveway that don't move. They have flat tires and look like crap. They drive a mini van that looks and sounds almost as bad. They park it on the street. Is there anythin...
What are the pros and cons of vehicle expenses? Ive read there are two different ways to write off this expense. Actual expenses like car value depreciation plus insurance, gas, repairs, oil changes or the other opt...
Hello I am currently helping my father manage his property here in Oakland California, I would like to know what other local landlords have learned about the cities landlord and tenant laws. We have a tenant with a ab...