Bob Asad
How do you prevent co-mingling of funds?
7 January 2025 | 24 replies
And all the tenants' security deposits and all the buyers'Earnest Money Deposits don't need my asset protection, as they are not my funds, and are certainly not covered by any of our Umbrella Insurance Policies.
Apurv Asthana
Need advice on landlord insurance
27 December 2024 | 6 replies
I generally prefer higher since I don’t plan on putting in small claims, it’s basically just for catastrophic loses and the savings in premiums over multpiple properties for multiple years should balance that out if I have ever have to use the insurance.
Patricia Andriolo-Bull
Stessa - 179 deductions
10 January 2025 | 12 replies
Not even Balance Sheet.I don't know if they changed their model since the change of subscription plan but it isn't ideal to use it as depreciation or amortization.They do have a balance sheet.
Tomoko Hale
A possible first STR property?
28 January 2025 | 29 replies
So another questions about insurance.
James R.
I really dislike Airbnb. Anyone else?
26 January 2025 | 21 replies
To my knowledge, guests also have trip insurance.
Carlos Brito
Need help on finding a commercial Insurance
27 December 2024 | 3 replies
Hi Carlos,I am in Madison, WI and we shopped around a lot when moving a few years ago and used Neckerman Agency (now McClone) who are insurance brokers.
Natasha Rooney
Fideicomisos VS. Mexican Corporation for STR in Mexico
16 January 2025 | 2 replies
Hi Natasha,Here are some key points to consider about setting up a Mexican corporation:Setup Costs: $1,500–$3,000 USDOngoing Costs: $1,000–$2,000 USD/year (accounting and tax filings)Benefits: Tax deductions for expenses like maintenance, repairs, and managementBest for: Multiple properties or income-generating investmentsWhile a corporation is ideal for managing multiple properties, it’s NOT required to obtain an RFC.
Chungying Chu
How to get an umbrella policy as non-resident
20 January 2025 | 9 replies
@Chungying ChuIf you want more liability coverage, ask your insurance company if you can increase it.
Lorenzo L.
Buying my first property (NEED ADVICE)
15 January 2025 | 39 replies
They bring higher tenant turnover, limited cash flow, and attract traditional tenants who aren’t your ideal long-term buyers.