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Results (2410)
Ricky Cassidy Investing vs consuming... where to draw the line
18 January 2021 | 37 replies

I own a 2004 pickup truck with 175000 miles. I just took it to the shop to get a repair quote. It’s about $2000 for the main repair. There are a few other smaller things that need repair as well.I have the cash to buy...

Account Closed Sect 179 / Bonus Dep. against W2?
15 June 2021 | 2 replies

Hi all,
Topic isn't new, but I've searched for this specific situation and come up empty. I bought a truck (>6000 GVW) and a rental property in 2020, both of which were placed into service. I do not have an LLC se...

Jeremy Frederick offsetting real estate income
8 June 2020 | 5 replies

This is my first post on here so bear with me. I am looking for ideas on how to offset my real estate gains. A little background is I am single and make approximately 150k/year in my non-realestate W2 dayjob. I have 3...

Mona V. Claim without involving insurance company?
24 May 2019 | 2 replies

One of house's exterior got damaged because a dump truck pulled a hanging wire on the street, and also damaged the whole electrical connection to the house from the street. Electrical company came and repaired the bro...

Thomas Wang How can I buy truck for my rental LLC?
16 April 2019 | 2 replies

I have six rentals that all I lease, manage and repair and I need a pick-up truck. I went to a bank to get a car loan but the bank is not able to give me a loan as I do not have 2-years of tax return on the LLC name. ...

Mark Hughes Sell my car and lease a Truck for the writeoffs?
13 January 2019 | 16 replies

I have 20+ units now and interested in doing more BRRR and Flip projects in the near future after achieving FIRE in another year or two. For this, I want to get a truck for renovation/landscaping/demo/home depot trips...

VICTORIA LEONE Is Renovation Travel Deductible?
10 October 2018 | 6 replies

Renovating a house I bought in another state over several yrs, and they were hoarders. Little by little I travel there to empty it out and repair it with the intention of eventually selling it. Are the travel expenses...

Pavs Doychev Liabilities vs Assets
2 December 2016 | 7 replies

This month was a good month... My girlfriend and I decided to get a puppy.(pic below) We rented out two new properties, got one under contract in a new area about 45 mins from where I live,(which is out of my norm, mo...

Andrew Thomas Vedder Depreciating a vehicle used for real estate
7 June 2023 | 7 replies

I am a real estate agent that also has a W2 job. This year I closed on my primary residence where I acted as my own agent and earned a commission so I will have a 1099 from my brokerage at the end of the year. I am ge...

Brett Jackson the strangest thing happened on the way to my 2nd sfr
15 March 2014 | 11 replies

Howdy all! longtime lurker, first time caller..

First, a big thanks to all who contribute to BP & that awesome podcast!

I'm Brett, from Arkansas. relatively new to the R/E scene. I have a...