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...
Nathan Herber
Solo 401/SD IRA, vs Cash Out, vs Whole Life Insurance
Hi Bigger Pockets Community! Merry Christmas and Happy New Year to you and your family.
So, I am going down the rabbit hole of researching moving my 401k and my wife's 403b from a former employer to a Solo 401k and...
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 ...
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...
Ian K.
Help! Insurance dropped despite inspector saying roof is New and Good
I just purchased a new home with the intentions to rent it for a few years. I had it professionally inspected and they found the roof to be "relatively new and in good condition". I just heard from my insurance comp...
Amit Biswas
Did any one get worker comp insurance as home owner builder ?
Hi Did any one get worker compensation insurance as home owner builder ?How did you get it? Which insurance carrier , what kind of product, what kind of premium/pricing for what kind of sq ft additions/building, what ...
Maged Bishara
Insurance company is balking because I don't live in the property
How is everyone? Quick question. As an investor we, obviously, don't live in our investment properties.The issue is that my insurance company didn;t want to renew the policy today because the house is a vacation renta...