I'm going to be managing my first property as soon as I can get an offer accepted. My plan is to buy a quad, owner occupy, and I'm going to skip the LLC because I don't see it really providing much in the way of bene...

I'm about to go under contract on a property that has a lot of junk in the yard - car, 20ft boat, 2 refrigerators...  you get the picture.   Any suggestions as to ways to deal with this situation?  The contract says t...

We are in a situation where my wife is soon to be quitting her job to focus more on the rental business. My daughter will be getting her drivers license this year, so we will need to add a third car. We could probably...

I was wondering if you folks are deducting mileage expenses from driving to and from your rentals, for the purpose of showing the property, placing tenants, and doing repairs. To clarify, this is not with a business '...

I'm leasing a car right now and in the market to buy a truck this December when the dealers are trying to move the end of year models. My LLC is in Kansas, I work in California. My employer gives me a car allowance an...

Hypothetically:
After expenses our passive profit was $60k in 2022
My wife started working on our rentals in august - ( not enough to become a REPS) the same month we bought a car for 100k that she used for business...

I need to spend some money and cut down on taxes. CPA advises I purchase a vehicle so I'm curious about the advantages and I'm very short on time because it has to be done by December 31st.I understand what type of ve...

I’m trying to get my head around electric vehicle choices and if the math now makes sense with $5 gal gas, or $7 diesel. I’m only looking at if the math can make sense, not environmental issues. So I currently have a...

Maybe I've been spending too much time around my pessimistic father-in-law and his thought processes have started to rub off on me but the push to end people buying houses and move them to renting just rubs me wrong.I...

I have installed surveillance camera in the front of my house and 3 days ago it captured that a pickup truck towed a coupe (a type of car) to the front of my house and the coupe has been since parked in front of my ho...