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11 July 2014 | 6 replies
My rental homes I don't, but I keep an umbrella policy.
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19 July 2014 | 12 replies
I haven't yet researched how exactly the LLC would go about establishing credit.An alternate suggestion I saw was to carry a large umbrella insurance policy (perhaps $5 million) to protect your assets from lawsuits.Also, I know it's different in each state, but in my state (Texas), it would have been a total waste of money to pay an attorney or a legal website to set up the LLC.
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17 February 2015 | 9 replies
With that being said...I woul look at an umbrella policy that gives you greater asset protection.
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20 February 2015 | 7 replies
You should also looking into a umbrella insurance.
19 February 2015 | 5 replies
I have 5, the key with the umbrella policy is it is tied to your auto insurance.
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19 February 2015 | 3 replies
Do/did you feel comfortable with just an umbrella policy as personal asset protection?
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16 March 2015 | 34 replies
Income from passive activities is fully tax sheltered under the umbrella of the IRA or 401k.
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9 March 2015 | 7 replies
For simplicity, having all the rental properties in one LLC with an umbrella policy seems to work well.
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22 February 2015 | 19 replies
And couldn't an umbrella/personal liability insurance policy cover the buyer?
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26 February 2015 | 20 replies
You cannot get an "umbrella" policy without underlying coverage.