Josh Edelson
LLC or S Corp or Umbrella insurance?
5 April 2022 | 19 replies
California has a relatively lenient piercing the corporate veil rule so using LLC's as a liability limiting device has limited value and, in any event, absolutely strict compliance with corporate formalities is necessary.
Kelvin Williams
Newbie Closing on 4plex
19 March 2022 | 6 replies
This will avoid the comingling that flags you for an IRS audit AND may pierce the "corporate veil" of your LLC legal protection.Read on for a standard LLC thoughts...How does an LLC Logically Protect a Landlord?
Sheena Drake
Moving a vacation home into an LLC
22 March 2022 | 13 replies
@Sheena Drake My worry would be how easy is it to pierce the corporate veil.
Mary Joe
Landlord liability - gas leak, appliances, balcony, windows..
23 April 2022 | 9 replies
I use large umbrella policy, but an LLC that cannot be pierced, etc. can also work.
Tanner Anthony
Next Step to complete the "Repeat" in the BRRRR Method.
2 May 2022 | 1 reply
I'm very interested in Pierce county/Bonney lake, WA area for my next deal or even just to start networking.
Christine Hamilton
LLC For Rental Property?
5 May 2022 | 10 replies
The 'extra veil to pierce' concept is not always correct.
Grace Pierce
Erin Pierce
Selling first investment home-next move?
10 May 2021 | 6 replies
@Erin Pierce I would spend 100% of my time (while saving more cash) looking for an off market duplex you could house hack.
Collin Wilson
Purchasing Investment Property with Partner
25 May 2021 | 4 replies
The insurance is still likely in the other couple's name.You may be considered "piercing" if the ownership and contracts don't all mention the LLC.
Ben C.
Question About Paying LLC Taxes
7 June 2021 | 4 replies
I just want to make sure I am doing it the right way to not pierce the corporate veil.