Or if your not doing too much volume he can buy/partner in his personal name and get good liability insurance.

I own my own house and I own some land out of state, so I have assets I want protected.I have quotes and will be purchasing an insurance policy that provides 1 million in landlord liability and I can also purchase an additional 1 million in an umbrella policy.My question is, is it even possible, or has anyone heard of a landlord getting sued and losing over $2 million on a simple duplex?

It would also open them to liability if they got something wrong.Syndications are tricky.

You'll be surprised how many cases there have been and how the law has developed.Do a quick search for Pennsylvania tree laws or Pennsylvania tree liability and you'll see what I'm talking about.

But BP does not want to take on the liability of recommending anyone.. 

I have some rentals that go up to $1M in liability.

Balance Sheet shows all Assets, Liability, and Equity.

If QuickBooks isn't accounting for these 2023 costs, it may overestimate your tax liability.

The insurer claimed the Complaint alleged matters which were excluded from coverage and therefore liability was denied. 

You could explore renting out the garage as storage for someone, but then you need to look into insurance, liability, etc.