Wednesday, December 23, 2009

Property Value Insurance Type / Cost Of Insurance For A Property Bought Under LLC As A Rental?

Type / Cost of insurance for a property bought under LLC as a rental? - property value insurance

Looking to buy a rental property to 3 units in an LLC with two partners.

What kind of insurance should you have? It is a property of the three units, worth about $ 500k, located in a suburb of the coast. What are the costs of such insurance, the best (/ worst case). Which rules apply in case of unforeseen (rent) the situation?

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