Now if the city charged someone for negligence or another legal misdealing, I imagine that would be public record.If it were me as the cop, I'd be certain I was getting my resources from a public arena and not "using my position" to get deals... keeping the side hustle completely separate from the "day job".  

I had to file separate returns for tax reporting and CPA fees  is negligible compared to the advantages of multiple companies. 

Here's what my insurance provider told me:----------------------------------------------------------------------------------------------------------------------------------The damage would fall under the liability portion of your policy.If you knew that the water heater was going bad and didn’t take any measures to have it repaired/replaced, then you would be negligent and the policy would cover it, less your deductible that you're responsible for.If you didn't know that the water heater was going bad, then you weren't negligent, and liability wouldn’t apply.

@Elliott Back 100% his autoInsurance is the policy that would cover this type of claim.If his auto insurance company determines you were negligent with the care of the tree, you would then file it under your landlord policy.

Sure the rate is a little lower on a 15-year, but it's negligible.

This is called abatement and can be an unwelcome surprise if it happens to you.We recently had this happen to us not because we were being negligent in our landlord duties, but because there were outstanding maintenance requests to the previous landlord that caused HUD to stop paying until it got resolved.

Yes, there can be legal ramifications from wholesaling if individuals are negligent and don't know what they are doing.

In States like my home state, Georgia, the LL-Tenant law is LL favorable...so it would take gross negligence to pierce the corporate veil.

So there is a holding cost while you do flip to the property that are not negligible if your cash reserves are low.I am sure other members will give you other options as well, but yes, it is feasible.

To be liable you will need to be negligent which is hard to show if your are running your operations well. :)