If you ultimately decide to proceed with an LLC or any entity for that matter (particularly an entity that is a deed holder), the name you select can have unintended consequences: The entity name matters for bank paperwork, claims that are brought, lien filings, deed recordings etc.

I assume my name but reading about insurance specifics if there were a claim I'm wondering what others have done? 

They usually have a process for filing a claim with the city for damage caused by them, and they may be willing to cover it.

The caller, William Silva, claimed to be a salesperson for a company called “Estate Legal.”

The claims of 1hr to collect rent, produce receipts, and deposit checks also seems like a reasonable claim if done physically and not electronically.

Investment product marketers who claim to be GPs, GPs who claim “ownership”, insurance salesman who claim to be “financial advisors”, people who attended an executive training program claiming to have an MBA, what ever happened to honesty?  

They snuck under the rules by claiming that private individuals had the right to offer other private individuals the service.So again, how do these cities get away with regulating people's abilities to rent their homes on a short term basis? 

While I haven't had to file a claim with either company, I appreciate that Proper Insurance is backed by Lloyd's of London.

While rental income is indeed considered passive under IRC §469, that doesn't prevent you from claiming a home office deduction if you meet the requirements.What You Need to Qualify: 📋A dedicated space used exclusively for managing your rentalsRegular and substantial management activitiesThis must be your principal place for conducting these activitiesThe Legal Foundation: ⚖️The Tax Court in Curphey v.

Have you filed an insurance claim with your own carrier yet?