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Wholesaling

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Patrick Philip
  • Florida
105
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910
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Corporate protection for wholesaling

Patrick Philip
  • Florida
Posted Oct 26 2016, 21:17

Is there any liability in wholesaling that would require corporate protection? I plan to operate under my own name because federal tax rates are lower.

Someone once suggested not only to form an LLC, but to make someone else a partial owner so that the "corporate veil" could not be pierced in a lawsuit.

What do you think?