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Updated over 6 years ago,

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3
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Dan Casey
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3
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Liability insurance vs LLC

Dan Casey
Posted

So I stumbled across an interesting video which was in response to one of Brandon's.  He made some compelling points regarding how an llc may not really protect you.  His argument was leaning more towards remaining as a sole proprietor with liability insurance instead.  The main idea behind this was that as a small llc with a single member there would be a good chance that a judge could likely pierce the corporate veil negating the any protection the llc provided.

His argument seemed reasonable enough, so I'm wondering what everyone's take is on this?  

As long as you are on top of maintenance and in general doing the right things to keep your tenants safe, is their much to be concerned with?

https://youtu.be/aPWKvBfoBkM

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