Basically, my own TD Bank credit card limit would be lowered by whatever credit limit I chose to award the business; so essentially, I am only good for so much credit overall with them, and I can split it any way I want, and I didn't go any farther than that but I assume I would have had to personally guarantee whatever the business credit limit became.There are a few threads on BP on how to build business credit:http://www.biggerpockets.com/forums/12/topics/37432-building-business-credithttp://www.biggerpockets.com/forums/109/topics/42559-business-credit-for-new-llc-http://www.biggerpockets.com/forums/94/topics/275-getting-a-loan-for-an-llc-and-building-corporate-credithttp://www.biggerpockets.com/forums/94/topics/56607-has-anyone-ever-found-a-legitimate-business-credit-company-in-the-state-of-nevadahttp://www.biggerpockets.com/forums/12/topics/8571-want-to-buy-my-first-property-under-business-credithttp://www.biggerpockets.com/forums/79/topics/46689-thomas-kish-business-credit-coachinghttp://www.biggerpockets.com/forums/110/topics/28198-building-business-credit-make-sense-http://www.biggerpockets.com/forums/94/topics/34292-building-business-credit-helphttp://www.biggerpockets.com/forums/94/topics/45529-business-credit-d-and-b-questionshttp://www.biggerpockets.com/forums/94/topics/49256-establishing-business-credithttp://www.biggerpockets.com/forums/94/topics/17238-get-business-credit-part-1http://www.biggerpockets.com/forums/94/topics/15256-d-amp-b-duns-worth-it-http://www.biggerpockets.com/forums/94/topics/15663-anyone-used-paydex-in-there-new-business-http://www.biggerpockets.com/forums/94/topics/10833-corporate-credithttp://www.biggerpockets.com/forums/110/topics/28198-building-business-credit-make-sense-http://www.biggerpockets.com/forums/94/topics/68892-building-both-personal-and-business-credit-at-the-same-timehttp://www.biggerpockets.com/forums/94/topics/63293-secured-business-cc-for-building-business-credit-http://www.biggerpockets.com/forums/94/topics/59798-how-do-you-build-corp-credit-http://www.biggerpockets.com/forums/109/topics/70257-building-credit-w-d-and-bhttp://www.biggerpockets.com/forums/94/topics/62468-d-b-warninghttp://www.biggerpockets.com/forums/94/topics/45529-business-credit-d-and-b-questionshttp://www.biggerpockets.com/forums/94/topics/38174-build-buiness-line-of-credits-and-authorized-users

My hope and goal is that God forbid the lawsuit is awarded a settlement the most they can get is the equity in that property.Ned, I believe in NJ the law is the same you are allowed to transfer from yourself to a LLC owned by you without any tax consequences but I need to verify this.As far as the single member LLC beginning to be pierced can you elabotate on this?

A partnership or multi-member LLC in theory has more protection since if a charging order is awarded or foreclosure on a member's interest it won't wipe out an LLC where it will a SP or could easier.

It seems like that leaves everyone hanging...I suspect that's where your thought of "pick the best one of the bunch" comes in... but I suspect that the accuracy of my judgement of people won't win any awards in animal science, so to speak...... which probably *also* argues for just avoiding the situation entirely...

If we no longer have the influence system then why do we still have an award for it?

@JayMartin I have to agree with you, Mohill etc. is culturally devoid and although property within a certain radius of the Bay Area proper will always have some value, you're right that finding a good investment below the mean Bay Area prices is not easy.Yes, been to BRC 4 times, quite involved with a few camps and even got an art award there.

Hey Brian Burke - you know I really enjoy your posts (I think I've voted for every post you've put up) and for the life of me can't tell you what it takes to get an award on this site.

If they had the money for that, they could just stop the whole thing by settling.Here is text from Evictions Unlimited website:"The Tenant must pay an amount of money equal to three months rent or the amount of rent awarded to the landlord in the Municipal Court, whichever is less.

I'm actually really proud of the 1 little award I've achieved as a forum poster. :) Makes me feel like I contributed something small but useful.

Second, if a lawsuit is filed a charging order can be awarded so that only when a business profits those profits are given to the plaintiff.