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Results (3,814+)
Account Closed Asset protection strategy tier list: Worst to BEST
13 January 2024 | 6 replies
Failure to take these measures will leave you vulnerable to a plaintiff’s attorney interested in piercing the corporate veil.
Tim West Pre-foreclosures in Pierce County, WA
24 August 2016 | 5 replies
I am  starting to evaluate deals in the Pierce County, WA area, and I see that there are some opportunities for houses in pre-foreclosure.
Kimar Abdul-Samad UNABLE TO LLC
2 September 2015 | 11 replies
Piercing the veil on a typical single-owner LLC is something that takes a plaintiff's attorney 3 months out of law school about an extra hour of effort.
David Roberts Forming LLC to govern the rest of LLCs
26 February 2015 | 44 replies
If you are out there screwing people, they'll find a way to pierce the corporate veil and get to you personally, LLC or no LLC.  
Jean Paul Rousseau Do I need one LCC per house?
1 February 2018 | 7 replies
You need to keep each account separate or you risk commingling funds and piercing the corporate veil. 
Jason Lee Create LLC before first rental?
8 March 2023 | 2 replies
This means that you will probably need to pay registration and filing fees in at least 2 states if you don’t buy CA property as a CA resident.Any lawsuits should be limited to the assets of the LLC and not your personal assets (assuming you run the LLC appropriately and the corporate veil is not pierced, some debate as to SMLLC).
Bo Fender 1st Rental (Long Term), Worth Getting a Lawyer Involved?
8 March 2024 | 3 replies
Get an insurance policy - especially if you have a mortgage on it or self manage - LLC can easily be pierced if either of the above is true
JD Martin RE Agents - how is lack of inventory affecting your income?
13 January 2022 | 102 replies
Commercial brokerage is much harder to pierce but more consistent inventory and unless  with bigger pay checks in smaller markets.  
April Birdsong LLC for Business and LLC for Property Protection Question
5 April 2024 | 13 replies
Regarding liability protection- There are protections provided by having an LLC, but a good attorney will find a way to pierce your LLC if they know you have other assets.