Kaleb Buckner
Should I exchange my vehicle?
Hi all, been reading and listening to specific podcasts for probably 3 months now. Selling my home at literally the best time I could have, purely by luck because the decision to move was made a year ago. Ultimately I...
Andrew Faukner
Buying property with junk vehicles
I'm looking at buying some property in California that has a couple of junk vehicles. I have a feeling the seller will not want to remove them. Chances are he doesn't have pink slips. It looks like they have been sit...
Tom Henderson
Best Vehicle for DIY Landlord
Hello Everyone!I am looking for a new vehicle that I can use for construction projects, and also outdoor activities in Minnesota-- hunting, fishing, hauling kayaks..For my business, I usually redo the unit once I buy ...
Marvin Hibler
Side hustles and company vehicles
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...
Swathi Vijayakumar
Fencing company Stained Tenant Vehicles
Hi We recently got some fence work done on a rental property. We found the fencing company before and loved them so we used them for this property. One of the workers from the fencing company accidentally got stain on...
Sean Stack
Business vehicle depreciation write off?
Guys, I’m new to owning a business and the tax rules that go with it. Formed an LLC in 2022. Haven’t done anything with it until last month. (I just bought a vacant lot that I’m getting ready to build a house on start...
Rick Barbato
Section 179 vehicle write off
Can anyone tell me what the “back in my pocket” amount I’d receive from using the section 179 vehicle tax deduction?For instance, say I purchase (for my business) a vehicle over 6000 gvwr, for 40k.If I’m able to write...
Joe Wood
Section 179 on passenger vehicle
Hey everyone,Stumbled across section 179 while looking for ways to increase my deductions. Anyone familiar with this? My wife and I bought a Ford Edge which is in our names, not the LLC. Will we be able to expense par...
Ryan Dossey
Car accident and "cheap" vehicle.
Well today hasn't been the most fun. My wife called me telling me she was in accident. She is fine. (thank God!) Her 2001 Ford Escape on the other hand we shall see..... She was rear ended and her car won't drive. The...
PJ Kolnik
Multi Family & Electric Vehicles
A fellow Coworker of mine wrote up this blog post at the company we both work at regarding who pays for the cost of power for electric vehicles in a multi family development. Interesting challenge that multi family dw...