Are there any QIs on BP that have dealt with automotive 1031 exchanges? I know these are pretty rare and I have been searching for a company that handles them.Thanks,Ed
To me it's land line telephones. Every motel room has them. Why? Why in this day and age? None of my STRs have a telephone.
Hello BP members,I am considering placing my rental property into an LLC for liability protection and dropping my umbrella insurance due to a spike in the rates and the fact that we don't own an automobile. As I am l...
I see numerous threads on umbrella policies here, but I am still not 100% clear. Few questions.1) Does the umbrella policy on my primary residence also cover any rentals I own? I think the answer is it depends on the...
For years I have just been claiming the standard mileage deduction. We drove about 2500 miles last year and we are considering buying a vehicle this year. The vehicle is a CUV that will be under 6000 pounds and the ve...
What is your strategy for your business vehicle?
I have an LLC for my rentals and a S-Corp for my flips. My wife and I work full time across both. Currently we deduct the std mileage. Now are cars are gett...
My agent just quoted me 1M coverage for $352 a year and he said this will cover both me and my wife. I had heard previously that these were even cheaper than this, but maybe it's the fact that I'm insuring both of us...
After 30 years in the automobile business, I'm ready to rock-n-roll in the real estate industry. Any advice or help will be greatly appreciated.Thanks!
Hey group! I wanted to ask if anyone has done a subject-to on a mobile home? Please tell me about your experience.Though I have experience in other areas of RE, this would be my first sub-to deal. A tenant in our ...
I was wondering if my umbrella policy is something I can deduct completely or partially on my taxes as a real estate expense. I did not have an umbrella policy until I bought my rental property so can I argue in good...