RENTAL HOUSE A TOTAL LOSS AFTER CANDLE CAUSES FIRE; Freezing weather a factor in some reportsNina Culver
You may be able to deduct the damage, destruction, or loss of your rental property from a storm, fire, earthquake, or similar disaster. You might also be able to deduct losses from the theft of items you own that are in the rental property, such as a television or furniture that yo...
Additional Living Expenses (ALE) coverage, also known as loss of use coverage, is a vital component of rental property insurance that provides financial protection for landlords and tenants in the event that a covered peril renders the rental property uninhabitable. When a rental unit becomes tempor...
might be more likely to face stress during disasters5 or who own property within a particular neighborhood.6 Finally, rental registries can streamline communica- tion between RRPOs and city departments in func- tional areas including inspections, policing, and fire.7 This approach can produce ...
Although your rental property has a tax loss, you are usually required to file a state tax return. Why? You have an income-producing asset in their state (taxing jurisdiction), and they have the right to inspect your books and records to ensure your reported tax obligation is as you say...
loss of profits, loss of goodwill, losses of time, damage to film, extra expense, special, indirect, exemplary, consequential, or punitive damages, production delays, damage to other equipment or supplies, third party contracts, or damage to property, even if LPTG had been advised of the po...
For example, during the2008-2009 financial crisis, I was able to keep the rent the same for one rental property thanks to a one-year lease. By the time the lease expired and I was thinking about lowering the rent by 2.5% to entice my tenants to stay, the recession was over. Two yea...
loss or damage to persons or property arising out of the ownership, maintenance, use, or operation of the Truck during the rental, regardless of fault. The limits of this insurance will not be less than a combined single limit of $750,000 for all bodily injury and property damage arising ...
property. • Be careful when using cooking appliances, heaters, or other fire hazards. • Treat the property like your own home. • Additional charges may apply for any loss or damages. • Guests of all ages are welcome. • Infant age until 2 year(s) • Child age until 12...
Loss or Damage to the DOLLAR VehicleThe renter and any additional drivers are absolutely liable for any loss or damage to the rental vehicle, even if someone else caused it or the cause is unknown, whether due to theft, fire, hail, flood, collision, vandalism, or any other cause, subject...