Anyone familiar with using these structures for airbnb income?   Seems like a lot of layers, but for me the most important thing is:1) Protecting my new assets from risky assets I currently have2) Anonymity (hence NV ...

If you do some maintenances on your rental property, such as fixing a clogged toilet, replacing a broken door, etc., can you count your own labor as expenses?

Thanks

My wife and I have a mmllc for a duplex in iowa. Would my planned buisness trip qualify for tax reasons. We are trying to go to hawaii this coming May for a ten day trip. Would my plan qualify a buisness expence regua...

For years I have just been claiming the standard mileage deduction. We drove about 2500 miles last year and we are considering buying a vehicle this year. The vehicle is a CUV that will be under 6000 pounds and the ve...

Hey guys!I recently bought a .47 acre lot with a house on one side of the lot for 200K. A developer is interested in buying .36 empty acres of my lot for 150K (I want to keep the remainder acreage with the house). How...

Our current employer does not offer 401K.  Started to invest on Roth IRA from past 5 years. The max is only 5.5K yearly contributions we can as per IRS limits.  But some of my friends who work has 401K offered by thei...

I'm looking to get a home equuity line of credit for an investment property owned by my LLC. I just talked to two banks and they both said that they don't offer them for investment properties. Anyone know of any good ...

We have 2 loan scenarios: FHA with 3% interest rate and 3.5%($17,000) down BUT we have to claim $150k of income on our tax returns for 2 years and pay IRS 70K (2 years worth) total in taxes because we are self employe...

A friend of mine recently told me about a tax sale overage program ($1500.00) that assists former homeowners with retrieving sale overages owed to them by the government. I would like to know if this is legitimate, an...