Mark Forest
Allocating vehicle expenses
Filing out my taxes is getting complicated. Thank you to all of you who have been helping me especially Steven. As I have already posted I have three rental properties I acquired in 2012, and one I have had for thre...
Ed LeGrand
1031 vehicle exchange
Are there any QIs on BP that have dealt with automotive 1031 exchanges? I know these are pretty rare and I have been searching for a company that handles them.Thanks,Ed
Claudiu C.
Business Vehicle Taxes
Hello,I recently purchased a vehicle and registered in NJ to my second residence. I applied for the loan together with my LLC which is domiciled in NJ. The vehicle is exempt from taxes in the state in which the vehicl...
Account Closed
Purchasing Company Vehicles
Hey guys! I own a property management company and also a moderate size portfolio that we self-manage. Some of my employees are starting to get reimbursement costs to go through the roof as we extend our property manag...
Cody Clark
vehicle wrap anyone?
I was just wondering if any of you have your vehicle wraped( the graphics covering the whole car)? It seems like that could be a pretty good way to advertise your business
David Egger
Section 179 Question - Vehicle Purchase and using mileage on previous vehicle
With the section 179 deductions, I know I'm allowed to accelerate depreciation of a vehicle based on business use. However, the vehicle in question was purchased in mid-December 2012, and I only put a couple hundred ...
Jonathan Smith
Vehicle Transfer and Valuation
Hello! I am starting a LLC for my rental business. I plan on moving my rental property over to the LLC once I get final approval. I have an older truck that I am using as I remodel my property. I own the truck wit...
Joshua Greenberg
Damage to tenant vehicle
I was hoping to get some input on a very freak accident. Four months after closing on a nicely renovated fourplex, a tenant parked their vehicle next to the rear steps on a day with 65 mph winds and a divider made of ...
Jason Hanis
Unregistered Vehicles on Property
I have a 3 family property that i bought earlier this year in Bridgeport, CT. When i was getting the insurance in line, the broker had asked me if there were any unregistered vehicles on the property. At the time I ...
Kevin Phu
Purchase Vehicle to Uber
So an idea crossed my mind and I've done a little thinking about it. Wanted to see what the community's opinion is on it and if they feel it could be a good idea.General Info on my situation:Primary vehicle: No paymen...