Show Notes
Having insurance doesn’t necessarily mean your real estate investment is fully protected.
In this episode of the Major League Real Estate Podcast, Tom and Nate discuss why market value, loan balance, insurance limits, and replacement costs can all be different, and why simply meeting your lender’s insurance requirements may leave your equity exposed.
They also explain what happens when insurance proceeds exceed the cost of rebuilding, when those proceeds can create a taxable gain, and how Section 1033 may allow investors to defer that gain following certain involuntary conversions.
Plus, they cover insurance reviews, replacement costs, entity details, documentation, and why investors and syndicators should regularly make sure their coverage matches their actual risk.
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