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Could someone please give advice on if I should buy my first U.S. property in my personal name or in an L.L.C.? I am Canadian and it's been recommended to me several times by accountants to just buy my first property ...
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Hello BP Community,I am at New Jersey and kind of a beginner to RE investment world. So far I do have one SFR that's located at Michigan. I am exploring various asset protection options to protect my personal assets a...
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Who are the best companies offer Standalone Umbrella Insurance in California?
I just purchased my fifth multifamily asset all between 3-4 units. My current insurance provider that i use for the first 4 buildings as well as my current home and my umbrella insurance is unable to cover more than 4...
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My properties (single family rentals) are all owned by a TX LLC, none are located in TX. They are in WA and MO.
My local agent says I need a TX umbrella policy since the LLC is based there. She can't help me I need...
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Hello, need suggestions on securing umbrella coverage for 3 multis total 7 units. Geico has a 4 unit limit policy, no LLC here. thanks
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Joe will you speak more about how an umbrella policy works?
Thanks,
Will,
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Here's a plea to anyone who's on the fence to please, please, PLEASE take the time to buy an umbrella insurance policy. I was holding an open house for my newest rental and one of the visitors slipped on the stairs. ...
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I decided against an LLC for now, due to several posts on this forum and this article. Mainly because from my understanding you have to be a bit sketchy about it (banks hate it):http://www.biggerpockets.com/renewsblog...
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Just took out a $1mil umbrella policy to cover my 3 single family homes. It only cost $323/year and seems like less work and tax prep then opening multiple LLC's.
What are the disadvantages and risks of going...