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Updated over 6 years ago,
Personal insurance reduced due to rental property = ”Cash Flow”?
So my wife and I live in a rental. We have rental insurance and car insurance with State Farm.
I also have a rental property with State Farm and got them to consider my rental property for the multiple policy discount.
Due to the rental property, I got a reduction in our personal insurance policy’s by $210.29.
Can I consider this reduction rental property “cash flow” in my investment calculations? What’s a best practice?
The plan is to move this value monthly into my rental reserves account.
Thanks in advance.