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Updated almost 10 years ago on . Most recent reply presented by

User Stats

377
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56
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Tony Nguyen
  • Investor
  • Tampa, FL
56
Votes |
377
Posts

Are all my ventures at risk if my company is a member in all of them?

Tony Nguyen
  • Investor
  • Tampa, FL
Posted

Hi everyone,

My partner and I are starting a syndication LLC which for this example, we'll call TD, LLC. Let's say in the future we partner with a few investors and own 10 different properties and on all 10 of the LLC's, one of the members is TD, LLC. If Property #10 gets sued, since TD, LLC is on 9 other LLC's, does this mean all 9 of the other LLC's are at risk?

Thank you in advance! 

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