I am currently purchasing a turnkey rental from JWB in Jacksonville and just found out that when the agent went to bind the policy, the carrier declined coverage. In speaking with the insurance agent (Ricci Insurance)...

I have a tenant that left last October after being in the property for 5 years and there was damage in the property. I was very reasonable about assessing damage and made sure to prorate everything based on useful lif...

One attorney told me the best way to insure a teen is to put a car into an LLC and have the teen drive it. Then if something happens they cant go after everything that the parent owns in his or her name.Is it the best...

Hi

Closing on a deal this week, a property with student housing.

Here’s the issue, been calling insurance agency’s and been getting VERY high quotes being that the tenants are students?!?

Anyone having this issue?

I have a tenant whose lease I don't want to renew. He's not the worst possible - he pays his rent and doesn't live like a pig. But he is difficult, demanding, demeaning and causes me a lot of stress.  This is a very n...

Wondering how many will be taking advantage of the new safe harbor rule? Accountant says need to be in a trade or business and pay SE tax. What is your take? 

Bp,
I was listening to a  Re pod cast a couple days ago. the topic was  Landlord Rent Guarantee Insurance.  My regular insurance policy covers rent loss, but only in the event of a catastrophic occurrence  ( fire , f...

Can I purchase my 1031 exchange property all cash and then do a cash out refi at closing??

It appears that in WA state no judgement is needed to send a tenant to collections, I am their creditor. All I need is evidence. That said, the unit cannot be rented in it's present condition, and I'm not only going t...

Wondering the process with this and what the solutions and outcomes could be. Not sure about nationwide but here in California if you don't pay property taxes for five years the home goes to tax auction for sale and I...