Originally posted by @Steven Hamilton II: The IRS has essentially determined $500 as a threshold; however, you must keep a written policy of that being your decision of a fixed dollar amount.This information is very useful, can you give an example of such a written policy?

If it is a real problem, establish a policy that describes what you will do with overpayments and put it in your lease agreement.

If you do not start a company right away, you can make up for the lack of limited liability with a strong umbrella liability insurance policy (and I would strongly recommend that over a complicated entity structure!).

It has been a rapid increase but a lot of work cleaning house, making policy changes etc.

@Ben Whaley We have our builders policy through CFR Insurance, they are easy to work with and their rates aren't bad.

Their policy is no pet over 20 pounds.

I am being quoted for 171,000$ in dwelling insurance on DP3 policies.

Seems like a decent concept if you include are comprehensive in the policy...especially now that I am self managing a number of my properties.

It's ALWAYS wise to purchase a title policy regardless of the property and regardless of whether it's an all cash deal.

I have zero debt.She said for the SFR properties, bank policy is limited to 4.