General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 2 years ago on . Most recent reply
Roof replacement needed, should I file a claim?
Got 2 reply from roofers, they found significant hail & wind damage to the roof which contains x2 layers of shingles and can not be repaired. So total roof replacement is needed , cost about $10000. Want to know should I file an insurance claim or pay by my own pocket? I heard after claimed, the insurance fee next coming years will be sky high. Which way which I go? Thank you.
Most Popular Reply

John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
Pro Member
- Investor
- Greer, SC
- 15,243
- Votes |
- 12,496
- Posts
I think I would file a claim given that this is a 10k roof repair.
I hope that you have this in an LLC so that the claim will go against your business EIN and not your SSN.