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Updated almost 7 years ago,
Do you keep high or low deductibles on your rentals?
I've gone back and forth on this and am trying to decide which makes more sense. Seems if something broke under $1,000, I may not want to claim it and i may benefit from pushing my deductible up for the things like roof, etc that doesn't happen very often, especially for homes I own that have new or relatively new roofs.
What are your thoughts? How do you manage this for your rentals?