Clint G.
LLC or umbrella policy to protect first property?
Debating on creating an LLC for protection and tax benefits. I've been told the LLC set up as a sole proprietorship (what I'm planning) won't give me any more tax benefits than owning a property and carrying a heavy u...
Mary Joe
Landlord liability - gas leak, appliances, balcony, windows..
A lot of focus on this board is about eviction nightmare but it is nothing compared to being involved in a gas explosion lawsuit that causes your tenant severe injuries or even death. There is no umbrella insurance p...
Matt Smith
Transferring airbnb to LLC questions
I have recently listed my old primary residence on airbnb. The deed is still in my name, and I want to transfer it to my LLC. I still have a balance on that loan, and I have been told I would have to refinance in orde...
Therese V.
Thank you to those who recommended Amica and now an umbrella question
First, I want to thank those who recommended Amica insurance! We just switched our 3 rental properties and primary residence and ended up savings around $1k/year between all 4 properties. Awesome!! I'm glad I read the...
Bud Ramkissoon
Commercial Insurance Company
Hi Everyone,What are some Commercial Insurance company I can Used?Appreciate all the input.Thanks.Best.
Robert Jones
Umbrealla Insurance Policy that covers multiple rentals
Had an Umbrella Policy with USLI, but then they stopped writing them. The insurance agent I normally use cannot find an Umbrella Policy that covers someone with multiple rentals. It seems they all have limits such a...
Mark Resnick
Insurance in Florida
HI everyone. I am in middle of buying my first 4 unit home in South Florida. I got a decent Homeowners insurance quote. My issue is I want a $1M Liability/Umbrella insurance policy. The property will be in my name so ...
Bao Nguyen
Property Insurance: is it worth it?
Some will undoubtedly think I'm crazy, but I invite B&H investors who owns 5+ SFH to give their inputs on my thoughts about forgoing property insurance on my 3 SFHs. Here's why I'm thinking of forgoing property i...
Swaroop Kane
Transfer to LLC after closing on replacement property
Hi, I will be closing on a replacement property next week. My initial property title had mine and my spouses name, I am buying replacement property with mine and my spouses name as well. Immediately after closing, I w...
Jared MontBlanc
Do I need an LLC to get all the tax benefits?
I own 3 STRs in South Lake Tahoe CA. My CPA told me I don’t really need an LLC to realize all the tax benefits of owning real estate, but if I was concerned about liability, I could do it for $1000/yr (CA cost) or ju...