Long post alert! (Worth the read though) I hope that you find the below information useful and I hope that it helps explain what is happening in the insurance world today. It won’t matter what carrier you are with, th...
I recently found a very good foreclosure on Homepath.com, submitted an offer which was accepted, did home inspection, and then found out that no title insurance company is willing to insure this property because all f...
I am gearing up for my first summer with my brand new beach house and was wondering if an LLC was necessary/suggested? My question derives from a place of keeping things simple from a business stand point. So wouldn't...
Hi All,
I've read some previous posts on this same scenario but I am still not understanding the right way to structure/approach this.
I did a quit claim deed on my properties to an LLC. I own them outright.
I want...
My name is Paul and I own a sole proprietorship LLC which we will call "Gold" for this discussion. It is a pass through entity on taxes, and I am the sole member.How important is it whose name is on the insurance? Fo...
I have several properties currently in my name. I was wondering what deed is best for transferring rental properties into a LLC?
If I have an STR (Short-Term Rental) property and have utilized 100% of the Short-Term Rental Depreciation for that property, what would happen after I execute a 1031 Exchange? Would I be able to claim new Short-Term ...
A common theme is for landlords to require their tenants to purchase a Renters Insurance policy. Some take the next step and have them prove it (good idea). Here's the problem, an independent study was completed tha...
What are some good ways to confirm tenants have renters insurance?
I have water damage to my home and my homeowners insurance was involved immediately. I used a mitigation company with a good reputation I chose and the insurance company accepted. Their remodeling arm put in an estima...