Erica Veit
Should I put my car in my LLC name if I intend to use it as a Realtor?
Hey everybody:I'm trying to get set up correctly with my real estate investment business and I have a question. I just got my GA RE sales license in June, and I just formed my LLC in April so I can flip houses and gro...
Tyler England
Am i able to claim a vehicle during tax season?
Im about to buy a 2nd property with plans of expanding further. Im going to be setting up a business account to separate my personal expenses. If i were to buy a truck to help with the business im building but still u...
Caleb Carlson
Tax write off for my LLC
After 1 year with my LLC I'm wondering if it would be smart to sell my personal car to my LLC as a tax write off. Has anyone ever done this before? Is this a bad idea? Thanks for your input!
Bryant Loke
California tenant laws?
hey all, first time poster. I have been a homeowner for years now, however recent events has forced my family to mive to a duplex. Nice place, and were fortunate to find it in short notice.
Lease agreement st...
Eric Munoz
Business Formation Survey
Hello My Name is Eric and I am going to invest in rental real estate but I need to know what type of entity to form. I believe I know the legal end of it which is to protect my assets, I think I need more help on t...
TJ Woolum
Owner Draw - Corporate Veil
I always hear wealthy investors online talking about how they borrow against their assets to generate tax free wealth. So far I’ve always just reinvested my real estate earnings back into my LLC. If I do a cash out r...
Sam Leon
Too many vehicles
For a multifamily building with limited parking spaces, how do you allocate parking spaces?I have a fourplex with six spaces, all 1/1s, so I limit 1 space per unit with two guests. Thinking if necessary I can allocat...
Davido Davido
Slick Seattle Entrepreneurs Reveal How to Landlord Without RE
Just revealed today, Thursday June 13th, courtesy of the Seattle Times, NW Thursday Section; Landlord’s don’t need their own land -just use the City Streets to “Car Ranch”.“More than 2000 people in King County live in...
Alik Levin
Car cost 100% write off as 179 expnse
Dear all,I am readding NOLO's article referenced at the end about how new Tax Law changes 179 expensing.Do I read it correctly that I can write off a car cost (new or used) 100% using 179 expensing?My scenario:- Me an...
Matt Shields
Abandoned Motorcycle in Arizona Rental
Does anyone know what the "Arizona" law is for an abandoned vehicle in a rental unit. Is it treated like any other personal item left? Do I need to turn it over to the police? Can I apply for a title for it?My rental ...