I’m trying to get started in short term rental investing, but I have a problem. I have the money to invest in short term rentals, but I don’t have a steady income to qualify for a loan. I’m looking for someone who nee...

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 have lived in primary residence for just over 2 years and rented it for another 2 years. When I started to rent out, I moved my property to LLC using general warranty deed, and now I'm planning to sell my home a...

So, if used mobile homes are considered personal property and not real estate (unless they are sitting on a permanent foundation, why does Dodd-Frank apply? 

Ive been trying to confirm the tax consequence of selling my rental unit and am so far astounded at the negative tax implications ive found.  I purchased this unit in 2001 for $400k and converted it to a rental in 200...

Hey question for all you experts!

I am flipping a property A to C (short sale). How should I structure the paperwork so the C buyer can still qualify for the homebuyer tax credit?

Originally it was AB to BC double c...

I have been receiving Pandemic Unemployment assistance (PUA) due to reduced rental income and high number of vacancies. Rental income is my only source of income hence my tax returns generate only the Schedule E (pass...

Hi BP, a friend of mine is in need of an expert witness to testify in an upcoming fraud case involving flipping houses (it will be a few months from now). He was defrauded out of $500k+ by a flipper that he was invest...

Hi guys,

Tax question for you:

Just curious as someone mentioned that I could utilize Sect 179 of the tax code to take depreciation in the same year instead of capitalizing it over X years on certain it...

Hello Experts!!!
I am Gaya,a newbie here. I am looking for a realtor in Ohio and a lender who has an option for a 10% down payment.  Thank you and have an awesome day!