Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (3,732+)
Christopher Diaz Real estate investor attorney
15 January 2023 | 5 replies
Any attorney can pierce the veil and sue you if something happens.
Marcus Auerbach Title transfer into LLC destroys asset protection?
8 March 2015 | 7 replies
Further, even if the transfer "pierces the corporate veil" or weakens it, wouldn't it take a very dedicated plaintiff lawyer to first sue you and then dismantle the LLC in the process before really getting anywhere with the case? 
Chris Mason Oh yeah, the "Due on Sale" clause is now LLC-friendly, sometimes
30 December 2021 | 26 replies
some walk away, some find it a reason to dig into it since they are used to piercing the corporate veil and figure you have more assets to go after. 
Michael DuVentre how do i structure a wholesale deal when the home owner owes property taxes!?!??!
23 June 2017 | 17 replies
Rashon Pierce We do deals all the time where the homeowner has delinquent taxes.
Jason Malabute Jason...What happened to your 8 unit?
4 April 2023 | 9 replies
Quote from @Lerin Pierce: Thank you for sharing @Jason Malabute.  
Mary Kenney Should I create an LLC to start purchasing properties?
4 April 2023 | 9 replies
And almost any attorney can pierce your veil so don’t think having an LLC will be bullet proof.
Johnathan Alesso Minimum liability coverage on rental units
7 January 2016 | 7 replies
I have heard that not having appropriate coverage could be considered cause for piercing the protection of your LLC, though, so don't cut too many corners and definitely do not rely on the LLC solely for protection without liability coverage.
Nick Mazzarese house hacking under an LLC?
11 December 2020 | 14 replies
Lawyers dont like to work for free and if they see a lot of work to pierce a corporate veil with very little payoff they'll go away. 
Brock Salgado First Flip Nearly Complete!
7 April 2023 | 8 replies
I'm a local realtor here in Pierce County and if you ever have any questions about a specific area or neighborhood, please feel free to reach out.
Bobby Shell Umbrella Insurance VS. LLC/EIN for my property
24 October 2018 | 10 replies
The perceived legal protection is very easily pierced by a half way decent lawyer....especially if you have ANY mixing of the LLC expenses and profits with your owner personal ones....and most small time landlords aren't that vigilant.In some states the costs of an LLC for small landlords also just doesn't make sense...