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Results (3,731+)
Kevin Alvarado What do investors do when they have multiple properties? Multiple LLCs?
25 May 2023 | 21 replies
Also, as I mentioned at, if a person comingles funds, a half-wit attorney a month out of law school could pierce that veil.
Elizabeth N. HOW TO SET UP AN LLC TO LEASE A HOUSE
14 May 2018 | 3 replies
Not only does this make things easier for bookkeeping, it helps to keep you under the protection of the corporate veil... you don't want a potential lawsuit regarding the property to be able to "pierce the corporate veil" by finding you used your personal credit card to pay for an expense related to the LLC. - most lenders will not lend to an LLC, so if you plan to finance the property you'll need to get the title in your name and then deed the property to the LLC.
David Pierce Tacoma resources
7 June 2016 | 6 replies
Hey @David Pierce , did you ever find a good real estate agent with investment experience in Tacoma?
Ryan Rogers Heloc or Cash for 2nd Property on SFH/Duplex. Refinance?
13 November 2018 | 15 replies
I'm actually in the middle of buying an SFR for my own residence now to officially end the house hacking (live in the duplex lower unit now),  and after that I am probably going to be looking at trading up the duplex to a larger investment property ideally someplace south king or pierce if I can find one where the numbers aren't too horrible.
Mike Schorah LLC with no assets in it in case I get sued for calling someone on the DNC list?
14 June 2023 | 1 reply
LLC's are not as strong as people think and if someone does a little digging they can pierce that corporate veil like tissue paper. 
Ian Kinder LLC or Personal Name
22 May 2023 | 10 replies
I also bought my first property under my personal name, but then bought my 2nd under my LLC so I have a little experience doing both.From a liability standpoint there is much more protection/privacy under the LLC, but if this is the goal of having the property under the LLC please be aware there are a lot of ways a good lawyer can “pierce the veil” if something where to ever happen.From a financing/insurance standpoint, it was much easier for us to do personal names.
Nick Brubaker Lender requiring insurance be switched to my name instead of LLC
6 June 2023 | 14 replies
You should discuss this with your Attorney to see what their opinion is on having your name on the policy and how it could impact someone piercing the veil of the LLC.  
Nick Brubaker Issue with lender and insurance
7 June 2023 | 11 replies
Congratulations on throwing money out the door transferring deed to LLC when it does absolutely nothing for you but cost you money since you are commingling you with your LLC and would be pierced faster than an overcooked hot dog
Phil Contreras Transferring Personal Property to LLC
12 June 2023 | 6 replies
Any attorney can pierce the veil if they wanted to with an LLC.
Tim Matthews What types of protection do I need for my rental properties?
28 December 2020 | 10 replies
Based on the collection of answers provided thus far, it seems the best way to have the most protection of my assets in case of a lawsuit (except in cases where the corporate veil is pierced) is to form an LLC to provide that layer protection, get liability insurance and an umbrella policy.