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Updated about 8 years ago,

User Stats

27
Posts
4
Votes
Joe Geist
  • Specialist
  • Philadelphia, PA
4
Votes |
27
Posts

asset protection vs better deals

Joe Geist
  • Specialist
  • Philadelphia, PA
Posted

How do you guys protect yourselves against being sued? did you begin investing without LLC then move properties into LLC later and risk DoS clause? do you have LLCs or do you use combo umbrella/liability insurance? the financing options for LLC with commercial loans make many deals = not such good deals....struggling on next step here. buy in my own name with conventional and have higher legal exposure - or use LLC and keep separate bank etc to protect against "piercing corporate veil" and accept weaker returns until the business grows large enough. thanks in advance

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