As I understand it, the primary benefit of the LLC is the lawsuit coverage, separating yourself from the assets in question.Speaking for myself- my insurance policy has liability coverage for me, up to $1Million if I were sued for injury on my property.My lease documents state that I cannot be sued for injury on my property unless it can be proven the injury is due to direct landlord/owner negligence.

Imagine having an unpermitted alteration cause injury to a buyer or their family member.

In 2018 I received money from personal injury lawsuit.somehow sec8 sent me a 2018 1099 with the settlement amount as other income.is this ok?

The SD issue also adds insult to injury in that you're right they aren't his, but by selling and you accepting the condition you are now liable for them not him.

Just got served a slip/fall personal injury suit - our insurance won't cover it because we have a personal injury exclusion in our e&o so we'll need to fight it.

If there is more than one individual working on the job site, YOUR contractor better have Worker's Comp Insurance, unless you want to pay dearly for injury or death.

Basically just need to dictate the terms of agreement (rate, who buys supplies, duties to be performed, etc.) establish that they are not an employee and you are not an employer, they are not entitled to benefits, that they hold no ownership of anything in the property, you are not liable for injuries, etc.The W9 is important for tax purposes.

I would require renter's insurance that covers any liability (injuries/bites) from the dog.

I have a client the is receiving a large insurance settlement from a work injury in several payments.

If any type of injury occurs the first thing lawyers will check is your building permits, building code violations and fire code violations.