I invest exclusively in NW Philadelphia, primarily Mount Airy (19119 zip) and have faired well in recent years.

I deal almost exclusively in commercial property, and in the few occasions I’ve done residential deals they’ve been with investors.  

Let me know and I can send some exclusive inventory your way that consists of new builds and completely rehabbed homes.

Hey @David Fitch, we use QuickBooks Online exclusively for all of our REI Clients including multifamily owners.

It seems the most likely issue is simply having your personal names as the deed holder listed in a complaint although again, based on what you shared about your sound operations your insurance should cover any claims that would arise since you wouldn’t be triggering any coverage exclusions.

But, excel is totally fine in the beginning (in addition to your PM software to capture transactions outside of the properties).We use QuickBooks Online exclusively for all of our REI Clients.

Then when the property is sold, she excludes the entire gain as a sale of her personal residence ($250,000 exclusion) and she then gifts you the proceeds (nontaxable) saving all of the tax with no 1031 cost or deferred taxes.Just sayin . . . 

Off-the-shelf policy that focuses exclusively on death benefit isn't it, and I see those way too often.

Insurance companies have many exclusions and they may not cover everything, but they can help to pay for some of the costs of a lawsuit.Good:Using one LLC for all of your rental properties.

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