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Updated about 11 years ago,
LLC question and management
I own 3 buildings each under their own LLC. I did this to limit the loss should any lawsuit arise.
I also manage these buildings myself, and now I am reading that if there is an issue, the tenant could sue the LLC and me as the manager, thereby getting around the LLC wall and into my personal finances.
Should I then set up an LLC just for management? Should I set up an LLC and then pay myself? Or is this getting overboard?