I'm going to buy a pickup for my LLC, and I know that with the new tax rules that if it is over 6,000 lbs GVWR I can write it off 100% the first year. My question is, does it have to be a new pickup, or can it be a us...

Hello, I have been preparing a property in 2017 to rent; however it is just about now complete and ready to rent (2018).  Since I did not actually rent it in 2017, can I deduct expenses to get it ready on my 2017 tax ...

Hi All,My Tennant is taking me to Washington small claims court, to ask for Security deposit full refund because I got late to pay ( paid on 26th day, instead of 21st day)- due items included Past due rent, Tennant di...

Does it make sense to get a home equity loan on my first rental house to buy a second rental property?

Is there a benefit to that approach vs just getting a typical home loan on the second property?

OK.. I think my insurance company is taking me for a ride.. They are charging me $45.00 a month per unit on a 60K SFR. I have a $500 deductible and a vacancy policy. I have heard of policies for $25.00 per month.. I h...

Can a LLC account be used to pay for a vehicle partially (at least 50% time) used for business use?

CA legislature passed AB 150 which is a SALT tax workaround.  Is it possible for landlords to use this?  Previously only a $10,000 deduction was allowed for state income taxes on federal returns.   thanks!https://www....

Do you get tax when you cash out refinancing?Thanks

For example, if my salary is $60,000, and I receive $12,000 in rental income (12 months of $1,000 in rent.. of course this number does not include deductions like repairs, taxes, interest, etc), does that mean the gov...

Not to get too political. But do the rich really pay less in taxes like Mr.Sanders says?