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Updated about 5 years ago,

Matthew B.'s profile image
Matthew B.'s profile image
Matthew B.
  • Investor
  • from Howey in the Hills, FL
  • Member since Sep 10, 2013
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User Stats

376
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114
Votes
Matthew B.'s profile image
Matthew B.'s profile image
Matthew B.
  • Investor
  • from Howey in the Hills, FL
  • Member since Sep 10, 2013
Connect
Matthew B.
  • Investor
  • Howey in the Hills, FL
114
Votes |
376
Posts
Tax, SDIRAs & Cost Segregation

Single vs. Multi Member LLC

Matthew B.
  • Investor
  • Howey in the Hills, FL
Posted

I often hear that you should always have at least 2 members of your LLC, even if one member only owns 1%. It supposedly makes it more difficult to pierce the corporate veil in the event of a lawsuit. Is there any truth to this?

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