So I am in another state where I just purchased a duplex on Monday. I drove here and have of course have saved my gas receipts. My question is, is everything on this trip a write off? I am solely here to do some work ...

When I search for my rental property address in google, the results include a catering company at that address.  On further research, it seems that one of my tenants is running this company out of their apartment.  It...

I got these from our tax prep guy.....

Crazy Tax Deductions that the IRS Allowed:

1. Parents put their child in clarinet lessons and argued that it would correct the child’s overbite. The IRS agreed and allowed them...

Hi, My wife runs a coaching institute like Kumon from the small portion of our primary house but she wants to expand. The commercial property is not available in our area since it’s a very small town. The idea is to b...

Hello all,Has anyone had an experience with a listing through AirBNB.org? Are there are any known tax advantages to giving your space out for free or for a discount?I have registered my listing through their nonprofit...

Hello anyone have a business bank account in their home state for a WY LLC.
We have a LLC set up in WY for our family management company. I set it up there for the privacy that WY offers from 3rd parties. As a holdin...

Hey everyone, not sure if this is the best spot to post this but I figured fellow Pros would most likely have the best advice on this.Our office is looking to get a virtual answering service to handle incoming calls. ...

Hello,
I am looking at building a primary residence with one of the large builders in my area. The Utah State Legislator passed a law last year overriding all HOA's allowing Primary Residences to have rentable ADU's...

I recently left a job of 18 years and have an existing 401K. I am considering/wanting to take these funds out/use them for real estate purposes and have recently came across a company/recommended by my attorney/that s...

Unfortunately, it seems that this Government wants to take away any kind of Debt Financing of either Business or Home.It's pretty much in the Republican Tax Reform policy that they are pushing ahead. What's even more ...