It is likely, that if they are injured, they will put in a workers comp claim against you.

That lawsuit is a claim for fraud, and that’s what fraud typically is...a misunderstanding and someone being “injured” and wanting to hold the other responsible for it.

Also the reverse is true, someone is injured in the investment property he could be sued and loose all he has.Look at the big picture, risks and liability for everyone before making a decision.

I hope you weren't injured too bad and they got the guy!

One woman was used as a human shield and killed another was injured.

If someone is injured on a property owned by my SDIRA and they file a lawsuit, what liability is there for the IRA and or me personally?

As far as him getting injured, he does have insurance but I've also got legal documentation he signed that should keep me in the clear there.How can I get this homeowner permit?

Originally posted by Robin Grimes:•Landlord’s insurance will NOT extend to the storage shed or shed’s contents.I don't know if if this clause is a good idea--what if someone falls and gets injured in that shed?

I know someone who was injured in a serious accident and received a 7 figure settlement from Firestone (remember the tire problems on Fords).

But always remember where the liability finger will point if your tenant is seriously injured; it's one thing if a toilet overflows, but if someone on your watch is hurt badly YOU will be considered guilty until you can prove your innocence.