Matthew Rogers
Looking for first deal near Beaverton Oregon
Hello BP! I've been listening to podcasts and reading up on real estate off an on for a couple years now. I'm ready to take the jump and get this journey started. I'm in the Beaverton Oregon area and just looking for ...
Alexander Churchill
Cash out Refi on rental property using COC ROI method
Bought a rental in December 2018, got it for a bargain. Put a roof on it and now Zillow has it estimating at 50k more than what I bought it for, put 25% down plus another 10k for the roof which puts me around 35k tota...
Colin Spivey
Buying a car tax deduction
I am planning to get my real estate license this summer. I also will have to purchase a vehicle around the same time. If I waited to purchase a vehicle until after I got my license, could I use it as a deduction by sa...
Ibrahim Hughes
The Most Financially Savvy Way To buy a Car?
Hi all. I figure I'd check in with the financially savvy folks of BP to see what is the best way to purchase a car. I'm not looking for a brand new car but a good used one that's maybe two to three years old?
...
Jack Dinkins
Is it cheaper to buy new?
So this is my first post so sorry if I mess anything up. I was told recently that buying a new vehicle and owning it for the life of the vehicle is cheaper than buying used and owning for the rest of the vehicles lif...
Claudiu C.
Business Vehicle Taxes
Hello,I recently purchased a vehicle and registered in NJ to my second residence. I applied for the loan together with my LLC which is domiciled in NJ. The vehicle is exempt from taxes in the state in which the vehicl...
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...
James Eilerts
Best way to deduct vehicle for self employment, need advice. Pls
Hello,Here is my dilemma. In 2015 I became self employed (Not real estate....yet). I purchased a vehicle specifically for my business, financed it, then after a month or two I paid the loan off completely. So for 2015...
Monte Mabry
New Vehicle or Second Investment Property
Good afternoon,I am currently in need of a new vehicle do to issues I am beginning to realize with my current vehicle. Will purchasing a new vehicle in January (this month) affect my ability to purchase an investment ...
Joel Owens
Would you lease a car and can you write it off??
Have an older car I have driven forever as a work horse.Looking at trading it in for a brand new car on a lease.
Normally I wouldn't look at a lease but I am thinking I can write it off in my corporation.
I am not a...