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Updated over 9 years ago,
Liability/Insurance Question
Hey BP. I am looking at a duplex for my first home (to start by house hacking). Is there a primer anywhere on how to properly limit my liability or how to make sure that I have adequate insurance as a landlord?
From what I have read, I think that an LLC would not be a good choice for my situation. I think that I should probably get homeowners insurance and umbrella liability. Am I missing anything or completely on the wrong track with this? Thanks!