The idea of making additional income by renting out your car, guest room, extra office space, etc. is growing in popularity. It's part of the Collaborative Economy. Is it time for us landlords to get involved? Do you ...
If a person already has land/lot through the Traditional SDRIRA, would the purchase of a mini travel trailer for that lot be allowed under the SDRIRA? The intention is to rent the unit. In my area the growth and de...
We purchased an RV last year under our personal names that is primarily used for business travel. I depreciated the RV under our primary LLC last year. After looking into it more, I'm concerned about potential tax imp...
Hey BPers! I've been thinking a lot about hitting the road and traveling once we are empty nesters and I've been looking at RV's. The depreciation is horrifying! It's a house that I'll lose money on!!!Do any of you ...
BP!
This deal was an absolute project to get done, and not everything has gone according to plan. It was well worth it, for the sole fact that I learned a lot. This mostly came from some hard realities that I had to ...
Hello,
doesn't anyone know the regulations on a RV? does it have to be in one place only can I move it around if needed?
Does anyone know about RV Parks? I am looking at a place that has 3-4 trailers and over 10 RV spaces.
THe spaces rent for around 30 to 40 per day or monthly around 325.
I know the business is seasonal.
I think the ...
Has anyone owned (and rented out) an RV? I am reading up on these that many qualify for a 30 year mortgage loan? I'm wondering if we purchased one for our own family if we'd be able to get things in place (legal/liabi...
Tax season often leads to creative interpretations of what can be considered a deductible business expense. However, a recent case highlights the importance of thorough documentation and substantiation when claiming d...
I am considering buying a 5th wheel RV in the name of my business so I can use apply accelerated depreciation and get 100% depreciation on year 1, which I want to offset my wholesaling income for the year. I consulte...