David Coffee
Car Expense Tax Write-Off for Real Estate Investor
Hey there! As a Real Estate Investor can you write off your Car expenses if you use the car for multiple businesses?EXAMPLE: You use the car to look for potential flips, business trips and to go to business meetings; ...
Daniel L.
Car damaged tenant's business (my building) Any necessary steps?
Hello all,I received a phone call from the town informing me that there was an accident and damage to my property and that a police report was filed documenting everything. I was just wondering if there are some neces...
Ruth Childress
Property Fraud check fraud drugs spoken cars moterbikes etc
Point blank drugs a girl I've known for 15 years move to an abandon home has been there for almost 5 years ,crazy and she is a known drug users and dealet I no longer live in long Beach next to her but she's met a ma...
Natalie Braselton
Mid-Term Rental, Add Personal Car Rental to Lease?
Hi BP Community,We are considering adding our personal vehicle as an option to add on to our mid-term rental in San Diego, CA. Would we include the vehicle rental as part of the residential lease or separately? What c...
Christian Allen
Rats totaled tenants car - Am I at any fault?
I own a 3 family house with a driveway in an dense area of the city. Recently one of my tenants had an issue where rats had eaten through her car and caused enough damage that they considered it totaled (2019 Subaru ~...
Josephine Breign
Does Umbrella Insurance require max coverage on car insurance?
Hi BP! This question is for landlords who chose Umbrella Insurance instead of putting their properties in LLCs. Seems like the UI only comes into play after all other insurance limits are reached. We're having trouble...
Daniel Perea
Eviction, personal property left behind, mobile home and car.
Hello everyone. i hope someone can help me to solve a problem i have. I bought a land from this gentlemen, but he had a guy (Ben) renting the land there with his mobile home. I purchased the land may 8th of this year....
Julio Gonzalez
Car Washes and Their Unique Cost Segregation Study Benefits
Cost Segregation is a bit of a buzz word these days, but in case you aren’t familiar with what a cost segregation study is, let me explain. A cost segregation study is a strategic tax planning tool that separates the ...
David T.
Buying a house with an old car in garage
I'm buying a house with an old junk car in the garage. Someone might want it, but not me. Will I be able to sell the car for scrap and have someone haul it away or will they need to see a transfer of title specifica...
Rob Z.
Pay off car loan or pay off first rental??
Hey everyone, looking for some input. I have a car loan for 45k at 1.9% I also have my rental property note that is 46k at 5.2% I am in a position to pay off one, which would you pay off ?Side note, I'd love to get in...