
14 December 2019 | 14 replies
Even if you are able to self insure for the replacement cost of the dwelling you should always remember that your liability exposure is limitless so for the liability reason alone you should always insure and have enough liability coverage on the policy and an umbrella policy to be safe.

19 January 2020 | 19 replies
Sort of a parable about how to think about money.The 4 Hour Workweek—some nonsense, but also some good strategies for being efficient with your time.The Millionaire Real Estate Investor—really comprehensive look at the path to building wealth in real estate.
15 December 2019 | 7 replies
Is there any particular topic you'd like to see get more or better coverage?

16 December 2019 | 6 replies
@Jerry About 2 years ago I went through an identical scenario with one of my condo units.The short story is it depends on your bylaws and the circumstances.In my case, my coverage and the HOA coverage happened to be with the same company.

10 October 2017 | 1 reply
Once that's done, do I still need the houses to have landlord insurance or is there other coverage i need?

11 October 2017 | 5 replies
@Marvin Santiago 2 options, depending on how the property is titled.1) If the property is in your personal name, your least expensive/best coverage option would be to write a Homeowners policy on the property you will occupy, with the 2nd building as a rental.

11 October 2017 | 2 replies
People have abused the relatively flexible partnership allocation of the partnership items in order to shift income or loss from one partner to another in order to save taxes.Thus, IRS has a framework that can reallocate the partnership items based on the “ partner's interest in the partnership” if IRS determines the method of sharing the partnership items lacks the “Substantial Economic effect” (SEE)To meet the SEE, there are strict rules to maintain meaningful capital accounts including Deficit Makeup Requirement for those accounts.With the requirement, the partner must at some point contribute sufficient capital to eliminate the deficit, and, that way, the partner has the burden of the loss that partnership has and the allocation of the partnership will be respected by the IRS because there is SEE.This is a very high-level summary of the rules and is not comprehensive. there are many exceptions as well.

15 October 2017 | 31 replies
Full benefits, comprehensive retirement planning, and some holdings of their own.

12 October 2017 | 3 replies
@Evan Parker you can go to the cities comprehensive plan to find out.

4 November 2017 | 7 replies
If it's not in a flood zone, a separate flood insurance policy is not required, however, you want to read your policy carefully to understand your flood coverage.