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Updated over 8 years ago on . Most recent reply

User Stats

140
Posts
20
Votes
Kristen Ray
  • Rental Property Investor
  • Ellicott City, MD
20
Votes |
140
Posts

Property Insurance while investing

Kristen Ray
  • Rental Property Investor
  • Ellicott City, MD
Posted

Hello BP!

We are starting a LLC that will initially focus on real estate flipping. Traditionally, taxes and home owners insurance is paid via escrow via the bank that carries the home loan (at least that has been my personal experience). With that being said, how do you approach paying taxes and home owners insurance?

Please share

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