I received approval for federal and state (NY) Historic Tax Credits. It was a long road, but worth it! Which forms do I need to file my taxes?
Am I the only one confused by New York State's Historic Tax Credit? According to the website for 'Parks, Recreation & Historic Preservation', the credit has been increased to 30% for buildings placed in service af...
I have looked through other threads here and elsewhere and still not able to find the answers to my specific questions.We are closing on a property soon and going to use as a short term rental. This is our first and ...
A current tenant acquired a renter's insurance policy that listed him and his girlfriend on the policy as the insured individuals. He asked the insurance company to have the landlord added as an additional insured and...
I always request my property manager be listed as "additional insured". During my most recent renewal, my carrier changed the language to "additional interest". My broker assured my property manager they will receive ...
I had a Tennessee STR burn to the ground in a wildfire last month. I'm planning to replace, but working with insurance on coverage. The insurance adjuster has sent me a Proof of Loss form to sign requesting my full st...
What's everyone's stance on having their renters carry renters liability insurance?
My tenants who just moved out did quite a bit of damage to the property. I repaired everything that was damaged and sent them the letter listing all the damages and costs to repair and telling them they owed me an add...
Hi everyone,
I'm in the process of hiring a property management company for the first time. In their contract they require that I add them as additionally insured on my Insurance policy. Is this pretty standard pra...
Hi BP,Just bought my first rental property (3units) in Bakersfield. I'm with a major insurance company and been asked to add the PM I'm working with to the insurance policy as an additionally insured party. Ins compan...