Q&A: This year i plan to start a small business as well as a rental property, I have a few tax questions?

Question by john p: This year i plan to start a small business as well as a rental property, I have a few tax questions? concerning my rental. I wanted to charge $ 750.00 monthly minus certain utilities included amounting to $ 150.00. So I have a proffit of $ 600.00 each month. Can I… Continue reading Q&A: This year i plan to start a small business as well as a rental property, I have a few tax questions?

Q&A: Can I buy a commercial property and use it for my personal residence?

Question by kathy d: Can I buy a commercial property and use it for my personal residence? It’s listed as a commercial prop. I think it was a home before businesses popped up all around this growing area. It’s 1000 feet from my place which is located right off a major interstate and a major… Continue reading Q&A: Can I buy a commercial property and use it for my personal residence?