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Results (10000)
Eric Fete LLC with partner question
2 November 2010 | 11 replies

Hi everyone;

I am purchasing a sfh for a rental with a partner. I am working on a LLC for us to hold it in and had some quick questions:

1. how do we set up insurance with 2 of us owning?
2. do I set up an LLC...

Christopher R. Homeowners Insurance/Landlord insurance/Umbrella insurance
23 January 2025 | 15 replies

First post on bigger pockets! I’m under contract on my first 3 family home and I’m exploring insurance options. I’m hoping someone (anyone) can shine some light on the differences between Homeowners, landlord, umbrell...

BreAnn Stephenson What does General Liability cover and what is excluded?
4 September 2015 | 19 replies

Disclosure: I represent Affinity Loss Prevention Services, the chosen loss prevention partner of NREIG/AGMThis question and a few items came up in another thread and warranted further discussion.@Gautam Venkatesan @Da...

Jef A. Umbrella Insurance VS LLC tax question
7 July 2019 | 6 replies

I have my first rental property and have been considering getting umbrella insurance on the property and not setting up an LLC for it. How does this work from a tax perspective? Do the tenants write the checks out to...

Shawn Blake Strategizing for possible housing bailout
9 April 2021 | 2 replies

Hey!Recently came across some whispers of Biden possibly bailing out the housing market by allowing forbearers to extend their mortgages for an additional 40 years (basically anyone can claim they were impacted by COV...

Michael Conte What Private Money Lending Documents are NEEDED
20 April 2021 | 3 replies

I have purchased my first BRRRR property with private money provided by my mom. I am not sure which documents are needed in order for her to only be taxed on the interest she receives and not the principal payback. I ...

Joshua Hughes Renters Insurance-Fellow Rent by the Room (House-Hacker)
28 November 2023 | 1 reply

Hello All! 
To give a little back story upfront here...I'm currently House Hacking and acquiring my new property soon. Both single family 3B1B's. My question is when it comes to Renters Insurance. What limits are nee...

Shawn M. Will a claim against your homeowners insurance raise your premium
10 November 2015 | 3 replies

Is it worth submitting a claim for 8k? will my premium jump next year?  If so does anyone have an example of how their rates changed?

Marlon Balogh Forensic Accountant - Real Estate Frauds Introduction
27 August 2020 | 0 replies

Several Basic Fraud Schemes to Note:I have now been in accounting and specifically in Forensic Accounting and Fraud Examination for 7+ years not only dealing with your typical frauds, embezzlement, theft, and breach o...

Timothy Lewis Renter's Insurance Help
4 August 2020 | 22 replies

Hello BP Fam,*Short Post Alert*I just moved into an apartment (renting) for a short time (no longer than a year) while I save to purchase a property for myself. My landlord is requiring me to get renter's insurance of...