Currently asking my insurance agent to purchase an umbrella policy and an auto insurance policy.He said that I cannot have umbrella policy unless my auto insurance liability limit is $250k/$500k/$100k.He also said that since I do not live in a house that I owned, I also need H04 policy.This is new to me, it seem like a cheaper auto policy and LLC is better at the moment. 

Asset usually in an LLC or other entity. 5, 7 or 10 year adjustable rate mortgages, amortized faster - usually 25 years (payy down to zero).

For new tenants, we will send 1 reminder on what the late fee policy is, if rent is late for the first time.

Some of this might be stronger Consumer Policies in more Consumer friendly states.

I googled a little bit and found the "vacant home insurance" policy.

@Javier Perez, I understand that insurance where you are is outsized compared to other markets, but that's not the only factor when considering the difference.With a condo you still have to hold insurance on the unit and you're paying for the complex's master policy through your HOA.

.)● Gain included = (Reinvested amount - basis increase) = 1M - 100,000= $900,000.If A also sells the investment in QO Fund in Dec 1 2031, 10 years later, he does not recognize any capital gain on the sale of his investment in QO fund.If A sells the investment before 10 years, basis in the investment is based on the time it is sold:Basis starts with Zero and increases in this order■ Held for 5 years - 10% of gain reinvested■ Held for 7 years - 15% of gain reinvestedBasis at 5 years = 100,000Basis at 7 years = 150,000Thus gain/loss is determined based on the FMV of the investment less the basis at the date of sale.

Just moved back to the area and looking to leverage one of our properties as it is approaching 50% LTV. 2bd/1ba condo. 63 months with zero gaps in vacancy.

As landlords, we have to be tolerant. 

Account ClosedSo the 2 children are willing to take zero ?