There are advantages to many real estate assets, but that doesn't mean you invest in the them just to get a tax liability.

From my understanding, insurance won’t cover a dead tree falling as this is a result of “neglect” but would my current dwellings insurance cover it under personal liability?

Mortgage Liability: Since your name is on the mortgage, removing yourself from liability usually requires the lender’s approval.

It just helps... limit your liability to that property.

For minimizing upfront costs, FHA is better; for liability protection, conventional with an LLC is ideal.

We had an accounting system once that necessitated doing this - not ideal, but it keeps the assets and liabilities straight and AP is just an accrual until you pay the bill.

At the same time, I prefer to minimize liability, though I’m not a seasoned investor.Is this one of those calculated risks that investors eventually become comfortable with, or should I prioritize limiting liability from the outset?

I'm unsure of the tax liability/taxable gain due after the sell.

Always keep personal and business accounts separate, document all transactions, and consult a CPA or attorney to ensure compliance and maintain liability protection.This post does not create a CPA-Client relationship.

Your primary insurance policy with $300,000 in liability coverage should be sufficient in 99.999% of all lawsuits.5.