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Results (10000)
Mark Updegraff Luxury Car in Business name? Boys and toys, please help
22 January 2011 | 3 replies

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

Karla Parraga Buying a Property as Vacation and Turning it into Rental
10 March 2018 | 5 replies

Hello all,I am planning on buying a property in Daytona Beach. At the beginning I was planning on buying the property as investment. Later it occurred to me that I can I can buy it as a vacation home, while I go visit...

Juan Rosado USDA Financial Option
21 January 2018 | 5 replies

One of my agents suggested that I apply for a USDA loan to finance my first property. It would be for a suburban area, therefore I could apply for it. Other than the common type of loans (FHA, and conventional) I don’...

Matthew Yeoman When borrowing for investments are you always in debt?
3 April 2019 | 20 replies

While starting out in real estate, in doing my initial research and listening to the podcasts and such I hear of the hard money lending and private money as well as loans from the bank. My question is while you borrow...

Account Closed How does new tax plan affect REI?
1 December 2017 | 20 replies

So the new tax plan was finally unveiled and I noticed it curtails deductions for business interest, but there are "special rules" for real estate and small business.   Can anyone confirm....are we still going to be a...

Mike Smith Multiple Insurance Claims (will I get dropped)
31 January 2021 | 2 replies

Hi, I have a few rental properties (single family homes).  Not enough to have a full-time maintenance guy or anything like that.  I've had a few insurance claims over the years but not too many (mostly always had to d...

Bryan Wilhelm No income for our LLC, taxes?
9 May 2016 | 10 replies

I have a newbie question regarding income for an LLC. If a property grosses a 100k, nets 50k after expenses, and then capitalizes the other 50k in improvements to the property, what is the income that is taxed? 100k?...

Anna W. VA Second Tier Multiunit
16 March 2020 | 3 replies

2nd tier entitlement question. How does that work for a multi unit? I’ve heard mixed things from different people/lenders. Our current condo uses my husband’s entitlement, it is a condo that we live in. It uses about ...

Adinata Thayib Roth 401(k) to Roth IRA roll over
2 May 2019 | 1 reply

Hi!I have tens of thousand in my company's 401(k) Roth, and I plan to move to another company this year. I just recently knew that Roth IRA has much more benefits:- Withdraw the principal anytime tax-free- Withdraw th...

Bill Butler First Time HomeBuyer Jumbo Loan
11 September 2015 | 8 replies

Hello,I have come across a really interesting opportunity to buy a home for around $525-550k in Denver CO. I know very little about buying homes so I need some help!I have great credit and solid income and I'm hoping ...