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Updated 10 days ago, 12/13/2024
Question about taking out home equidy loan to lend to my LLC for investment property.
I am planning to take out a home equity loan for an investment property, which will be purchased under my LLC.
My question is, how can I structure this to protect myself from a situation where someone sues the LLC and takes the property, leaving me personally liable for the loan? Since the loan isn't directly tied to the property, I want to ensure I am shielded from that risk.