Hi! We have about a dozen properties in upstate NY. We wanted to get an umbrella insurance policy to cover the portfolio but we’re unsure what to cover. Do you get coverage for what the portfolio is worth or for how m...

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If you have a liability claim at your vacation rental, the claimant is alleging negligence on your part and asserting that you are then liable for damages as a result....

I am reviewing applicants for a property and am wondering how to tell if a pay stub is real or not.  The applicants are claiming that they are transferring from IL to TN and the company is not real friendly with verif...

I May my one of my parents tenants in Compton, Ca caused a fire in one of their units which caused fire damage to their unit and water damage to the lower unit and adjacent unit.  The fire departments report determine...

I have 5 rental properties in my name. A FB friend mentioned that she has an umbrella policy on properties. Her explanation was vague, so I'm here to ask...What is an umbrella policy, does it replace the current insur...

I have a condo I rent out in north Florida.  The tenant has paid the rent regularly for 18 months (and before lived in a smaller condo in the same building for 3 years, always paying the rent on time).  Now she does n...

I've always done own taxes and just claimed the standard deduction, but now that I have rental property I'm dumping a lot of money into, I'd like to outsource that to a professional. Can anyone recommend someone who h...

HelloI came across a seller that would like to sell her property to me via quit claim deed. The deal seems good, almost too good. So I asked her if there any liens, she says there is one for about 5k and nothing else....

Hello! I want to turn out first home to a rental property but needs a new roof. For tax purposes later, can we claim the roof? Do we need to be making cashflow in the property to claim the roof under depreciation each...

I am selling a duplex that I have owned and used one unit as my primary residence for many years.For tax purposes I have claimed percentages of space as either rental or my main residence.What might be done in a 1031 ...