If that's the case then the fact that they happened to find a new property already is a happy accident. 

This will keep the parents on the kids a bit (but damages will occure)4.) 

Since I have multiple properties with individual accounts this makes it covenant to cover any unplanned expenses as they occur.  

More than 700,000 square feet of office space was delivered in Durham in 2017, or about 50% more annual office construction than usually occurs in Durham.

I would imagine that knowingly placing those harmful chemicals without such precautions could lead to an even bigger liability if accidental ingestion were to occur.

What I'm pointing out is that it's not the HOUSE that's risky or not.... it's the INVESTOR, in this case Stuart.Stuart's example of House 2's scenario is to finance it with $25k down or 5% down and mortgage it at 95% LTV.House 2 is perfectly fine as an Investment.What Michaela is probably saying, and she can speak for herself, is that when you, the Investor, sets up the finance in such a way that you give no room for the possibility of something happening where the cash flow can pay for it, you take the risk you don't have enough of a savings reserve to overcome that problem.What I'm saying is that, yes, it's true, Stuart's House 2 scenario as is leads to the risk of not having enough cash flow for future repairs should it come about.Stuart would need some way to get some extra money should that occur.

The passive activity loss (PAL) rules do not apply to casualty losses sustained in a passive activity unless losses that are similar in cause and severity occur regularly in the activity. 

It has a plastic backing that helps prevent future accidents from soaking into the carpet padding.

But my understanding is as follows:I believe there was a change in the tax law that said for pass through entities (assumed to be s corps and llc's), you can deduct 20% of the net income of the business.So if your rentals were showing a net profit of 10k a year after all expenses, depreciation, etc, and they were on your personal return, you'll be responsible for paying taxes on the entire 10k - which is what occurs today.However, if you were to move those rentals into an LLC or S Corp, they would presumably have the exact same 10k in net profit for the year.

One of your tenants has alleged an assault that has occurred ON YOUR PROPERTY.