The real problem is the client is 100X more likely to do something personally that gets the, sued and they lose the property, than the property itself is.

I plan to put section 8 in the property so this awesome property starts performing on my portfolio like the rest of them!

I plan to put section 8 in the property so this awesome property starts performing on my portfolio like the rest of them!

.: @Travis C.can you refinance one of your properties or take out a HELOC on one of them?

@Bethany Peysen my college in Scottsdale AZ focuses on high end  Personal policies. 

Mauricio Umansky argues within the article that the future of real estate, especially in the luxury market, lies in radical personalization.

All activity of the property will be reported on your personal return - where it is now. 

I'm wondering if you think I should buy the rental home in my personal name or and LLC.Here is more information:>> I will buy the home with cash (150k to 200k) in the State of Florida (which is where I live)>> I will probably have to put another 80k to 100k into it>> It should rent for 2k to 2.5k a month>> I've never owned a rental before (besides my REITS and Fundrise funds), so I'm not 100% sure I will like it and could end up selling it in a year or two if it's not for me>> I currently have an umbrella policy for 5 million (maybe this is all I need instead of an LLC for simplicity?)

Nice work turning a $3,500 property into something livable with your own hands is no small feat.

I have clients that live in high rise rentals in NYC and own 5 properties as rentals in Florida.