My question is: Can I use form 1065 to cover all the costs like property tax, mortgage 1098 whose receipt are for individuals?

Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is expected to be higher, you may consider an umbrella insurance policy.

If the loan lasts many years or it becomes a problem child, the points we get does not cover all our efforts.

Hi @Bryce Cover,First, congratulations on your growing family and your successful real estate investment so far!

I am a MTR and LTR property manager in the Triad, I cover Eden, to Mebane to Asheboro to Statesville.

If you’re worried about exposure, consider running promotions or competitive pricing early on to attract bookings.

Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is expected to be higher, you may consider an umbrella insurance policy.

I like to use removable pillow covers with down inserts.

My son currently lives in the townhouse b/c he is going to school and works in the area.Since he is young and starting out in life, I would like for him to only cover the basic costs (taxes, HOA, utilities) just enough for me to break even (I believe that will put him slightly little lower than market rent rates). 

My LOT was $32,500 and then they added the FOA to cover the first 2-3 years.