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- Protect Your FIRE Portfolio! Asset Protection, Insurance and Potential Pitfalls
Protect Your FIRE Portfolio! Asset Protection, Insurance and Potential Pitfalls
Summary
This BiggerPockets Money episode discusses asset protection strategies for real estate investors, focusing on LLCs, insurance policies, partnership considerations, and due diligence, with real estate attorney Bonnie Galam. It emphasizes the importance of strategic asset allocation beyond just insurance, cautioning against overly complex legal structures and highlighting common risks like car accidents and divorce.
More from Regulations & Compliance
Carson City, Nevada, is refining its short-term rental regulations. City supervisors are currently reviewing and modifying the local ordinance during a retreat. This review aims to address operational aspects, potentially impacting local hosts through new or revised rules, emphasizing compliance.
A 21-unit vacation rental in Dunedin, Florida, has been approved, signaling potential growth in the local short-term rental market. This approval could lead to increased accommodation options for tourists visiting the area. This news could also influence local regulations.
St. Louis aldermen have approved a short-term rental fee, though a legal battle over existing rules continues. This indicates a focus on regulating the STR market within the city. Hosts in St. Louis should be aware of these new fees, which may impact their profitability. Find out how this affects your STR business.
Curated by Learn STR by GoStudioM



