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.

From the information you provided, she seems like a prime candidate to not leave the property the way she found it, and will pitch a fit over any deductions taken out of her security deposit.

And I opt for the higher deductibles generally unless the price difference is minuscule.

If you’re itemizing your deductions, another great strategy is making a strategic donation to a charity or organization you believe in, like your favorite nonprofit or your church.

@Christine AledamIf you create a California LLC, the $800 cost is a tax deductible expense. 

I just want to make sure the COGS total can be deducted in the year the sale is completed. 

To save money, management raised the wind and hail insurance deductible from 5 to 10 percent.

They are difficult to finance and once the profit split with the hotel plus other fees are deducted from the gross they don't typically look like very good deals.  

Then, I also noticed that although 200 leads were deducted from my 25,000 monthly balance only 160 names populated on my email list (yes I counted... lol!).

Maximizing Deductions: You can still claim tax deductions (mileage, repairs, management time, etc.) on both properties as long as they’re legitimately related to rental activity, even if one isn’t in an LLC.