The value of your personal belongings.The III recommends conducting an inventory of your possessions, as well as any expensive items you own. Certain valuable items, like jewelry, come with specific coverage limits. If they seem too low, you can purchase additional coverage to insure these items...
To be eligible for a 1031 exchange, the properties involved must be of like-kind, meaning they are similar in nature or character. For example, you can exchange a residential rental property for a commercial property or a vacant land for an office building. The IRS provides broad guidelines ...
2. Can you buy land with an FHA loan? According to LendingTree, the Federal Housing Administration (FHA) has loan programs to help finance the purchase of land; however, you can’t purchase land you intend to leave vacant Footnote 10Opens overlay. You will have to commit to building a ...
When trapping gophers, you want to make sure you focus your energy on fresh mounds. There is no sense wasting your time on a mound and tunnel system that is vacant. I try to walk my property every day if I can. I know where the gophers tend to do their thing so I keep an extra...
Although more commonly known in the health insurance industry, coinsurance also exists in property insurance. The coinsurance clause in property insurance serves to penalize the insured if they fail to insure the property according to the declared coinsurance percentage. ...
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It doesn’t take large acreage to grow food in your own back yard, next to your restaurant, in a community gardens, school yard, or a small space adding income to an existing small farming operation. Shiv Shakti is founder of Shakti Farm Design in Bend Oregon. He creates sustainable, ...
Condo owners generally need less dwelling insurance than homeowners do because they don’t have to insure their roof or the outer structure of their building. (As noted above, the association’s master policy takes care of these.) But you might need dwelling coverage for things like hardwood ...
Wear an eye-catching outfit to grab people’s attention. Your music should be the most attractive thing for people walking buy, but the right attire might bring some extra people your way. If you’re a musician, have back up cables, power supply, amps, etc. You may want to insure yo...