If I purchase a 'used' truck (6000#+ GVWR, extended cab, short bed) this year, can I deduct the entire purchase amount on this years taxes? Purchase cost will be less than $25,000. The vehicle will be used 75-100% fo...
We are needing to purchase a vehicle and would also like to purchase a home and/or rental property in the next 18 months (especially if the market dips). I have had several people say take your cash reserves and purch...
Does anyone on here host on any car sharing services. Just looking to add to my cash flow. And any advice and tax help on purchasing vehicles and what I can deduct at the end of the year for cars purchased and or fina...
This is my first post on here so bear with me. I am looking for ideas on how to offset my real estate gains. A little background is I am single and make approximately 150k/year in my non-realestate W2 dayjob. I have 3...
So it looks like I made some money this year investing in rental properties. Will have to pay taxes on it unless I can increase my expenses... Any ideas for what to do today in new years eve relating to tax strategi...
I've been debating with myself for quite some time now over my next toy/vehicle purchase.
One part of me says BMW 750 another says, grab that Caddy you've always wanted. I'm only 35 so I've faded out the Caddy, unti...
In what is expected to be a continued tight housing and real estate investment market, there are a few tips and tricks that can help investors get some advantages given the current state of mortgage terms and limited ...
I want to show you how you can get paid to buy a vehicle for your business under tax deduction Section 179. You can potentially write off the entire price of a business vehicle depending on the cost and strategy used....
Trying to assess whether we should buy a car or lease a car. Breakdown of our current situation:1. we have one car (only need one car)2. we drive less than 10,000 miles a year3. we use the car more than 50% for busin...
I have three rentals which I've owned for the last 12 years. I was able to buy them cheap and build a lot of equity which I currently gross $4,600/month and my current net is $2,800 after insurance/tax/mortgage/utili...