Currently asking my insurance agent to purchase an umbrella policy and an auto insurance policy.He said that I cannot have umbrella policy unless my auto insurance liability limit is $250k/$500k/$100k.He also said tha...
Howdy,New to real estates crowdsourcing, and there is a nagging question in my mind regarding the implications of investing in Fundrise's eReits or eFunds. Simply put, if Fundrise is sued are unitholders(which are, in...
Hi BP! This question is for landlords who chose Umbrella Insurance instead of putting their properties in LLCs. Seems like the UI only comes into play after all other insurance limits are reached. We're having trouble...
What is an umbrella policy for rental homes? Should I go LLC
Had a question about deduction of property taxes on investment property.So the limit of property tax deduction on personal home is $10K.Is the deduction of property tax on investment property counted separate?Meaning,...
I have 3 Properties in NV held in an LLC. In addition, I have 3 Properties in CA - & I am planning to move them to an LLC as well.
I have been advised to get an Umbrella Policy in order to protect my asse...
Hi all:
I've got two rental properties that I'm about to put into LLCs via Land Trusts. I'm pretty confident this will take care of my concerns about homeowner liability and the "due on sale" clause.
My remaining c...
I have a SFH that I am helping my partents rent out. We have each potential appilcant fill out a general application ( contact info, work history, previous landlords, number of teants, and number and type of pets).I...
I am looking to set up a Mid term rental in Macon, Georgia. Does any one know of any specific limitations in Macon, Georgia for a number of unrelated tenants living within the same SFR? I tried reading through long pd...
Hello,
I have purchased a condo to use as a short-term rental. I would like to stay at the rental every once and a while. I have read many articles about personal use, residency, and taxes. But still have some ...