Tax, SDIRAs & Cost Segregation
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 11 years ago, 10/20/2013
LLC corporate piercing cases
It's best not to have an LLC than to have one that is put together or run poorly.
I came across this case "Colorado Court of Appeals Pierces the Veil of Single-Member LLC with No Showing of Wrongdoing" - I don't know why the title says no showing of wrongdoing, if you read the article, the LLC member did a lot of things wrong....
http://www.llclawmonitor.com/2012/03/articles/piercing-the-veil/colorado-court-of-appeals-pierces-the-veil-of-singlemember-llc-with-no-showing-of-wrongdoing/
Another LLC piercing case
Also interesting comment from the article:
Both cases support Professor Stephen Bainbridge