Filing a claim is very simple and fast.

Not to mention, have fun explaining to your insurance carrier in the event of a claim that you knowingly hired vendors who were breaking the law and were uninsured.....but its ok because they signed a waiver.

I hired an accounting firm specialized in FIRPTA to handle the forms and remittance and put them in touch with title, but after closing, title company sent them a check made out to the firm instead of IRS.Title company claims accounting firm should cash check and pay IRS themselves.

They wondered why these sorts of incidents simply wouldn't be claimed under the general liability coverage of $1M.

The 30 days has expired, and he is now claiming the house has mold and other issues that have not been addressed.

I tested 5-6 people on Fiverr who claimed to have access to Lexis Nexis, TLO and such skip tracing tools.

($5,000 coverage is way more than my deposit would be) Or, will they be impossible to work with and try to deny any claims?

If you clean yourself you pay tax on alp of it.If you have a cleaner, rhe claim the income, but you also deduct your expense for paying the cleaner.I charge more than I pay the cleaners so that it helps with things like consumables and treats we leave the guest.

In looking back at my tax records, I did not “abandon” the property, I just had no rent to claim the next years, in 2021 and forward.

I only buy off-market now.Here are just a few: properties with title issues, court settlement claims, master leasing, lien & mortgage acquisition, seller carry back, options as well as traditional buy & holds, flips.