Interested in thoughts on the following cash-flow related topics:- I've developed a spreadsheet that calculates cash flow both before taking into account the depreciation tax benefit and after. Do folks generally tak...
Need some advice on a Living Estate Deed. I am co-contributing money for a house down payment with relatives in their 70’s. No other family heirs for them. My in-laws will are making mortgage payments. When my in-law...
Guys and gals,I've now been reading now for more hours straight than I would like to admit. Lots of which revolved around owner-financing, be it seller carryback, contract for deed, or lease-option. I'm going to be pu...
Everyone has at least one memory of a work-related holiday party running amok, as they say. Whether from total boredom or unexpected guests, work holiday parties always have a good story or two that emerges afterwa...
My wife and I are under contract purchasing our first property. It is a triplex where we will be house hacking and living in one of the units.My question is, would it be wise to open a separate bank account and run ev...
Quick question:
If I wanted to drive say a 70k muscle car as my company car, is that deductible if in the company name?
How do you guys hold your toys with wheels?
Thanks!
Mark
I met her at a Real Estate meetup, she started investing about a yr and a half ago and has done very well.She wants me to do a Promissory note only for $30K at 15% interest for 3 months with no Deed.Am I crazy to be d...
About six years ago, I hired my first PA (personal assistant). This was back when I had one company, so it was easy to hire her on to work for that company. She's since advanced in my company to higher-level tasks, an...
If I’m house hacking a single family home, can I own it in my name (as I’m using fha) and still utilize my LLC to take payments in my business account as well as write off my expenses related to the rented bedrooms as...
In the process of setting up a Self-Directed IRA and wondered if anyone has used the proceeds from the account to pay for the annual costs of an investment club (i.e. Motley Fool, Oxford Club, etc)?Thanks!