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Updated over 10 years ago,
Keeping Business and Family Separate?
Hi everyone! I'm hoping that some more experienced investors can give me some insight and/or perspective on my biggest problem in growing my REI business.
We currently have two investment properties that are doing quite well, and I'd love to buy more. However, like most of us, I have a family to consider, and I don't want to take too much risk with our personal financial stability.
Is there a way to separate my business liabilities from my personal financial life? I'm open to being creative, including taking my name off of our personal properties, in order to keep as much separation as possible.
Alternately, is there a way to get over this mental hurdle?
Anything you can offer would be greatly appreciated!