Neil Whitney
my new Fourplex LLC?
4 April 2017 | 8 replies
yes I will have the insurances on the properties in the LLC, all accounts will be seperate from my personal accounts, it is important so as not to pierce the corporate veil.
Renee House
LLC for Vacation Rental?
11 April 2017 | 2 replies
Mind the corp/ LLC can easily be pierced in a situation like that with tennants, workers on the subject I would also look into a umbrella policy ☂️.
Marty Happle
Buying a SFR in another state
7 January 2019 | 19 replies
The states are non-piercing states which means that if somebody does try to come and see you that they can only take your LLC and they cannot come and attack you personally.
Adrienne Pierce
Looking for some direction!
13 July 2017 | 4 replies
@Adrienne Pierce - Great advice from the guys above.
Jason Turo
Checking account - obviously separate personal from business
2 July 2017 | 6 replies
If you ever get sued for your rentals or construction related issue,or by any other creditors, court might take this action as commingling of the personal and LLC's fund and rule that you are "piercing the corporate veil."
Kevin Robert
Halifax Real Estate Networking
18 January 2022 | 3 replies
Let me know if you want to setup a call.Cheers,Greg Pierce
Johnny Dlcrz
Do you need to transfer property to llc name?
22 January 2022 | 20 replies
It works well for a sole proprietorship, but only serves to pierce their corporate veil.
Robert Pierce
HELOC for bed/bath addition
23 May 2022 | 1 reply
Hi @Robert Pierce, talk to a local real estate agent that is familiar with these types of projects.
Haley Henderson
Personal Mortgage & needing LLC coverage
28 May 2022 | 8 replies
The veil is pretty easy to pierce.