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Tax, SDIRAs & Cost Segregation

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Mindy Jensen
  • BiggerPockets Money Podcast Host
  • Longmont, CO
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Investor NOT protected by LLC?!?

Mindy Jensen
  • BiggerPockets Money Podcast Host
  • Longmont, CO
Posted Sep 24 2015, 10:52

A new development out of Atlanta this week. An investor has been held liable for the exceptionally poor conditions of his properties, even though they were held by an LLC that was not under his own name.

He argued that since he was not the owner or operator, but simply the manager, that he shouldn't be held responsible for the property conditions. 

Check out this article about the verdict and this one about his arguments against being hld liable.

What do you think?

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