Injury rates are high among roofers, and you could be on the hook for them.

Thus, it can’t force the LLC to pay money to it or anyone else.”These articles and examples have to do with "personal creditors", not judgments from business or work related injuries resulting from owning real-estate.

I could maybe understand you putting up money to buy the house and materials and then splitting 70/30 but to pay them as well is adding insult to injury.

Im a disabled veteren (combat injuries) who recently relocated to the Battle Creek area.

Death, divorce, incapacitation, injury or illness, legal problems can all bring you to a point where refinancing or selling a property may be required.

It is my understanding from internet searches that one cannot indemnify against death or personal injury in the United States.

If you don’t pay the price from profits to have an LLC and proper “Commercial” General Liability and Workers Comp insurance you run the risk of personal injury and workers comp and other law suits.

each property should be under separate corp. or LLC for liability purposes- you get a personal injury lawsuit on one property and they can own all your properties!!!

I'm a contractor by trade but due to injury i'm now focusing in flipping, and wholesaling and I want to build a rental portfolio as well. hope everyone is doing well John

Personal Liability: For claims due to Bodily Injury or Property Damage that you becomeLiable for and which is covered under the policy.