I read that rate as paying an extra month and half worth of your annual rent collection to buy income insurance for the year.

And yes, after reading everyone's response I will be contacting an attorney on Monday.

You can also search Google and read reviews.

It seems every place I read about has a few good reviews and then a couple reviews that make the company sound so bad I don't even want to waste my time calling them.

Invest in a good, basic lease once and then add paragraphs specific to the property being rented (do they need to care for a lawn or shovel a walk?).

When you start reading about this and searching the internet one thing I find is true... there are many LLC formation services that claim to do a bunch of stuff, several of them sell expensive "education" packages which just get a foot in the door to sell more services, and other do-it-yourselfers (legal zoom)ut.  

However its not the market that makes the investor: Its the mind and heart that makes the investor.Thank you for reading!

1) The regulation 1.263(a)-(f) reads that you're able to utilize it for amounts paid during the taxable year.

I have not read it yet.

DM if you'd like to read it.