This means that you will probably need to pay registration and filing fees in at least 2 states if you don’t buy CA property as a CA resident.Any lawsuits should be limited to the assets of the LLC and not your personal assets (assuming you run the LLC appropriately and the corporate veil is not pierced, some debate as to SMLLC).

I have a separate account for each entity in order to avoid co-mingling and opening myself up to a piercing of my corporate veils.  

Since the loan would not be secured by the rental property, I would presume that the bank would not have any say over what we do with the money as long as we are making the payments.Also, would this be piercing the corporate veil?  

The attorney firm Pierce McCoy focuses on business start-ups.  

PREVENT PIECING OF THE LLC VEIL WITH MINUTES OF MEETINGS AND RESOLUTIONS – One of the most vital of entity formalities to prevent piercing of the veil, all specially targeted for real estate operations; filled-in and ready to go.

I know Pierce College in LA has a Persian club (Iranian club) that has and openly welcomes Jewish members.

My wife and I used to live in Pierce County years ago when I was stationed at McChord, and we’ve briefly talked about moving back, buying a small piece of land down in Thurston County around the Yelm/Rainer/Olympia area and having a primary residence built.

I find it a disadvantage for the owner, because the design/build company insurance can be harder to pierce than would be in a typical design-bid-build situation should you need to go after one sub contractor.All in all, both processes will work.

So here is my OPINION and is NOT to be construed as legal or tax advice:If you have any personal assets of any value that you do not want at risk, then starting off with an entity and operating it properly (as to not have the corporate veil pierced) is the way to begin. if you were informed to flip out of an S corp, then that is what I was advised when I first started out as well.

Kenny, I'm no attorney but I worry that having your name anywhere on the insurance policy may pierce the LLC.