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Tax treatment of insurance claims
Looking for a little advice on this. I have a few sfh rentals. One of them had some significant damage done to it in Feb. of this year. To make a long story short I evicted a tenant and two days later someone kicke...
Eric D.
Quit Claim or Warranty Deed?
I did a search, but didn't see anything that answered my situation..
I own 2 properties free and clear, no loans on them. I created an LLC and I want to move them from my name to my LLC.
In Florida, should I be usin...
Agata Ebona
Quit Claim Deed Distressed Property
Hi everyone, I'm a new member as well as a new Real Estate Investor based out of San Diego Ca.I just have a quick question.I have been driving for dollars and found a great flip and fix real property project.My husban...
Chris Seveney
Interesting Title Insurance Claim Decision
I found this article interesting as I have been involved in title claims on numerous occassions. In this case, because the bank handled the recording of the mortgage and the bank was careless in its process they denie...
Joshua Burke
Possible Slip and Fall Claim
We've had a brutal winter in Chicago this year! Lots of snow and ice.
So a tenant in one of our building's rents an illegal basement apartment. We bought the building in Oct and inherited the tenant - I didn'...
Peter Burnside
Starting claim for water damage
Ugh. This follows my galvanized pipe post. Pipe burst in the kitchen and flooded cabinets, floor, basement ceiling and carpet, etc.This is going to be well above my insurance deductible of $3200. I'm guessing it may a...
Wesley Jensen
Tenant refusing Insurance Claim work
Hey everyone! I have a strange situation and am curious what everyone’s thoughts are. I had a cold water line pex fitting fail in the wall at my duplex. Water came in through the cabinets for 10-15 minutes and it dest...
Jackie Linne
LLC Series Quick Claim Deed
I'm in the process transferring my REI from my name to my Series LLC. This is the first property series.Do I list the main LLC name AND the first property series name on the Deed?A sample would be great. Thanks!
Jeanni Prescan
Tax claim deed/title insurance
I purchased a home at Judicial tax sale over 2 years ago and have a standard Tax Claim Deed. Now I am selling the house and the settlement company is requiring an action to quiet title, which I am told is going to de...
Account Closed
Renters insurance company denied claim
The property has a unfinished basement made of 100 year old concrete. In Vancouver WA you may know or suspect that we get a fair amount of rain. Well she left all the windows closed so the added moisture from the rain...