Keith Macpherson
First deal advice - Toronto, Canada
Hey all!I'd love to get some constructive feedback on my plan to flip. First off, I will be doing this part time, however with that being said, my full time career is a Construction Estimator for a major renovation co...
Jason Rowlett
Land lease for food trucks
I have an opportunity to purchase a lease for $450. Lot is 0.14 acres on a street with heavy traffic. The owner says it’s a good opportunity for food truck rentals. It is zoned commercial. I have not yet gone down to ...
Bryce Nurding
Tax Questions Business Vehicle
Hello,I am interested in purchasing a vehicle for my real estate business. I have a few questions.The vehicle MUST be over 6000 GVWR right? Even if purchased under my LLC? I am looking at buying a used pickup truck an...
Denzel Faulken
Do you need a pickup truck for a first rental property
Hello everyone,So me and my wife have 2 older cars both paid off. We were thinking about getting a rental property but also was thinking to upgrade to a pick up truck. We were doing some pricing in about the 30-35 ran...
Nick Dillaha
Should I pay off my truck???
Hi! Trying to set my investing career off right. I always had the opportunity cost mindset and kept low interest debt to save for another rental property. Recently listened to a Dave Ramsey rant and he talks about pay...
Grant Doyle
Commercial Vehicle Tax Deduction
I recently bought a fourplex that needs some work done to it. This work involves hauling large materials such as lumber, drywall, and much more to the property. Unfortunately I cannot fit these materials into my small...
Luke Carl
Big Car Payment
Hello. I'm new to investing. Currently closing on my second investment property. Listening to BP constantly and almost done with Rich Dad. I believe I have pinpointed my biggest financial weakness as my vehicle. Last ...
Tyler Bierce
Finance a car to purchase property: creative or crazy?
Hi all. I have an idea that I'm curious to get some extra eyes on because, as the saying goes, "you don't know what you don't know".Short version: I am considering selling my truck and financing a newer one so I can u...
Account Closed
Looking for big deductions to close out 2013
Any ideas? Would it be a good idea to buy a new truck this year? Any other ideas to get big deductions for 2013? @Steven Hamilton II
, anyone else?
Jim Goebel
Bought Bucket Truck for Rental Portfolio - Utilization Questions!
Hello,I'm writing this from central Iowa. We have a growing rental portfolio currently of 6 properties. We have a couple other local landlords/investors here that are useful to bounce ideas around with. Over the la...