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13 December 2024 | 11 replies
I can guarantee you'll need documentation of lease, and rental insurance before closing on another home.
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11 December 2024 | 6 replies
Deductible expenses include a proportional share of mortgage interest, property taxes, insurance, utilities, and repairs.
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11 December 2024 | 4 replies
I also like to use incidental insurance as an additional layer such as Waivo to cover items.
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17 December 2024 | 13 replies
Taxes, interest, insurance and maintenance will eat into the profit. 2.
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2 December 2024 | 3 replies
Your best bet is to consult with a good broker that has experience with business insurance and RE.
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10 December 2024 | 2 replies
Homeowner's Insurance 8.
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12 December 2024 | 12 replies
For simplicity, consider forming separate LLCs in each state for properties, using a revocable living trust for probate avoidance, and securing umbrella insurance.
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14 December 2024 | 36 replies
Licensing fees, CE classes, E&O insurance, general business liability insurance, sentrilock/suprakey fees, board association, etcc.
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13 December 2024 | 5 replies
Certain expenses are all lumped together for the sake of the P&L like insurance and taxes and others like repairs and maintenance can be viewed collectively or by individual property.
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11 December 2024 | 11 replies
Currently speaking with a local realtor about the STR zoning issues, insurance issues, and current/future market in Florida. 2025 should be a good time to look for a property there. 1.