Julie Verardi
What is best way to determine how much to insure for?
I have two properties in Jersey City. One is a condo. I'm going to confirm how much of the dwelling is covered by the association but what is a good rule of thumb on telling how much it would cost to redo the fixtures...
Devin Siebold
Is it legal to give tenants eviction notice to sell insurance?
In my apartment complex I received a notice I was out of compliance with my renter's insurance and I had 3 days to vacate or provide proof. It seemed odd considering I paid for a full year and gave them my information...
Bryan Hancock
Taxation For Insurance Claims Kept Instead Of Used To Repair Property
So...if one receives a large insurance claim and decides to pocket it initially to pay off a mortgage and later does the property repairs what are the tax consequences? Using the dollars to pay off the mortgage initi...
Cedric Lignier
Home Insurance in Houston, TX & Texas Fair Plan coverage question
Hi,I purchased my second investment property in Houston Texas last month and I'm looking to insur this property as soon as possible. I've shopped with StateFarm to get the dwelling (home insurance) policy of my first ...
Diana D.
Need Advice: HOA & Insurance Challenges with My First Investment Property
Hi BP community,
First, I want to express my deep gratitude for the time and effort that you dedicate here to helping others get into real estate investing. Thank you for sharing your knowledge and helping make infor...
David Stone
Insurance options for duplex with a tenant who has a pitbull?
I am buying a duplex that is currently rented out with 1 year leases on both sides. The leases are up in November. The one caveat is that the one tenant has a fairly large pitbull. Was wondering what my options might ...
Victor Rios
Buying my 1st SFH in Houston !!!! Looking for Home owners insurance!!
Hello All,I'm in the process of purchasing my first rental !! Now, I am looking for home owners insurance for my property. I been looking but some are a bit pricey affecting my CASHFLOW !!!. Can anyone refer me a to ...
William Howley
What is a competitive rate for condo insurance on 40k property
Hi, I have a small rental property in Tampa FL, that I need to get interior condo insurance on. It is a 2/2.5 town home, approx 1000sqft, An appraissal came in at $40,000. Property does not require flood insurance. I ...
Dmitriy Fomichenko
Increase W2 wages by the amount of SE health insurance premiums
Looking for a feedback from tax experts on the following scenario:A client is a self-employed (has an LLC taxed as S-corporation). Pays himself reasonable salary of 35% of the business's net profit. Pays health insura...
Dan Graney
Looking to rent out my second house, what kind of insurance?
Question on behalf of my daughter. I own my own home and am currently am living elsewhere. Looking to rent it out but am a total newbie to land lording and have many questions. I have my own homeowners insurance. Woul...