I use C Corporations and S Corporations and get umbrella insurance.

Hello Everyone,Member on this forum since last few years and this my second post.I am looking for recommendations for umbrella insurance provider who can add more than 5 properties in the policy.My current provider is GEICO and they only allow 4 properties.Thanks,Viraj

If this property was purchased in your personal name (and this may be the case as you lived there prior to getting married it sounds like maybe) you can either set up an LLC and transfer the title to the LLC or you should probably be able to obtain an umbrella insurance policy that would cover in case of lawsuit. 

My CPA suggested it would be better to keep it as it is and should be fine renting it out with my mom and my name on it and just getting umbrella insurance.

Each city is set up a little differently so it might be under the umbrella of a different department. 

Seed money is not the same, because, as Cameron was saying, that money doesn't show up on tax returns.I don't personally have an LLC and hold all of my investment real estate in my own name with insurance and an umbrella policy, but there are some benefits to an LLC that make it appealing.

The nice thing about using your standard insurance company is you can get an umbrella liability policy.

I am hunting for landlord or umbrella insurance policies.

I am hunting for landlord or umbrella insurance policies.

Currently our umbrella policy does not have the option of adding sewer line insurance which we had purchased on several properties when we started out.