Nathaniel Sconiers
Allowable purchases with LLC account
Can a LLC account be used to pay for a vehicle partially (at least 50% time) used for business use?
Kiran K.
Neighbors blocking driveway, no HOA
My tenant reported tha neighbors are blocking driveway with their vehicles or trash can etc. Tenant and I informed the neighbors but no change. Property doesn't have HOA, how do I handle these neighbors.
Jordan Kreisher
Abandoned car on rental property
To make a long story short, a tenant of ours for over 3 years decided about three months ago that they no longer wanted to pay rent. After 3 months of no rent being payed and being ignored for over a month, we stopped...
Daniel Klucas
Can I write off a golf cart for golf course rental home?
We are in the process of purchasing a rental home in a golf course community and everyone has a golf cart. So, can I write off the purchase of a golf cart for golf course rental? Advertising the property to include t...
Paul Fagot
Thoughts on car wraps for advertisement
Just been thinking of different ways to advertise and get the word out that "I buy houses" Is it worth getting a wrap or a section of your car wrapped say for ex: A tailgate of a truck? Do you get a lot of responses w...
Joe Farruggio
Flip & Taxes - Capital Gains?
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 ...
Sal Virani
Commercial REI in TX: Vehicles per Day Numbers - how to verify?
Hi all, I'm new to BP and this is my first post. I'm a licensed real estate agent in TX and I'm helping a client invest in a commercial property. The offering memorandum for the property lists "vehicles per day" on t...
Ralph Molina
LLC, Corp, sole pro best vehicle to manage protection in RE
Before I embark on this journey I need to have a basic question answered. Which vehicle would be best to run my Real Estate investments within: LLC, Corp, sole pro ? which is best for tax purposes and protection when...
Joseph Gambino
Sell my personal vehicle that has a lien on it or..
I have a vehicle with a bank loan and was wondering what you would do in my situation..
Should I sell it to lower my DTI and get out from
underneath the monthly payment and monthly full coverage insurance payment so...
Nick Schroeder
Vehicle in Garage that we are closing on in 2 weeks
Good evening BP followers.We are closing on a property in about 2 weeks. The owner had passed away about a year ago and family members are now selling the property.In the Garage is a vehicle that belongs to the bank. ...