29 July 2021 | 33 replies
If something really comes up they can probably pierce the veil of your LLC and get to you.
21 November 2017 | 17 replies
single member or closely held will be pierced most of the timeI think when your thinking of liability you need to figure out what your doing is has a high likely hood of litigationwith being a landlord of well kept properties being very low on the list.Family trusts can work pretty good..
10 August 2022 | 8 replies
Personally I think LLC’s for real estate are overused as you get almost same protection with an insurance policy and have good indemnification language in your PM agreement and if you don’t use a PM you just pierced your LLC protection by you being the manager.
24 February 2022 | 14 replies
Also 90% of peopel don't keep books/separation well enough to not pierce the corporate veil intact with LLC's.
12 October 2024 | 12 replies
In addition an attorney can be a great counselor when you first start the business because they can explain the ins and outs so that you don't end up comingling and allowing the corporate veil to be pierced.
14 March 2024 | 9 replies
IG: @MattPriestJr I have properties that I rent by the room in King/Pierce/Snohomish Counties.Many pro tips.For heating, I use Nest Thermostat and "lock" the temperature on 68 degrees.
31 March 2023 | 6 replies
I owned and operated a PM company in the Pierce County area.
3 October 2019 | 11 replies
Keyana – thanks for the post …its not accurate that the Seattle area is unfriendly to non cash buyers ….if you are pre approved and have your ducks lined up , getting an offer accepted in the King county is easily accomplish-able ……..if you are not able to be pre approved – then this is when the alternative / Creative methods might be more applicable …as far as locating seller financing for a single family property int eh King/ Pierce/ Snoh county area – this is very unlikely to be an option
19 January 2024 | 140 replies
Does not matter if they are set up the LLC, trying to pierce it or harassing insurance!
10 February 2017 | 94 replies
Are you speaking of Gorman vs Pierce County?