What is the best way to write off a new roof?
question ,,, if i buy a tractor to scrape weeds in the yards of my rental houses,, for tax es how is the deduction applied since it will be used equally for all my houses? :D
I have two investors who started a development right before the bubble popped.
Rather than cutting their losses they decided to double down and finish the development.
They are now upside down big time. Been slo...
Hopefully this is the right forum, as creative financing goes I have a question. If I was do strike a deal with a property owner via a lease option to buy in 2 years, I do improvements such as exterior paint, landscap...
I am buying my first property and plan on living in it for a few years and then renting it out. There are some things that need to be done and seeing as it isn't yet a rental property, it is my primary residence, I am...
If I want to write off books (education), gas on trips out to potential investment properties, attorney consultations, etc., should I have an LLC already in place, or can I write them off later once I obtain an LLC?Ba...
if a property is quit claimed to me do I get the tax write off benifits when I fill my taxes?
I'm currently doing business under my personal name trying to build my credit. I have flipped two houses this year. I also have an LLC formed but did not purchase the house through it. My question is can I still write...
Hello BP!Wanted to get your thoughts on write offs for your business and whether it is worth doing? This could apply to a real estate business or other small business. Basically I jumped off the deep end and quit my W...
Hi guys,Looking for some advice. Recently had an offer accepted on a 3 unit in Jersey City, NJ. It's my 2nd investment property, and I now have 5 units. When I talked to my accountant, she discussed putting my portfol...