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22 March 2019 | 9 replies
Other areas of Pierce county allow ADU to be 1200sf.
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13 May 2015 | 19 replies
You can look up the threads of piercing the corporate veil where more than one attorney has mentioned that funding a company properly must be accomplished for it to be recognized as a legitimate business operation, this is significant with single member LLC or one closely held by family members.
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15 November 2016 | 11 replies
Pierce County is worth looking into, more specifically Puyallup, Sumner, Bonney Lake are great areas worth a peak.
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11 October 2022 | 18 replies
They cover you completely regardless of the issue at hand, UNLESS someone has 'pierced the corporate veil' which means they found a way that your LLC was not in compliance.
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4 March 2021 | 2 replies
Those are two quick ways to pierce your corporate veil and lose the limited liability protection that you sought.
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30 May 2023 | 5 replies
@Mayank JhaveriIf you bought it in your name and transferred it to LLC or leased it to LLC you have zero protection.I assume your LLC did not pay for the property and just transferred which is not an arms length transaction and your LLC is just an arm of you personally not it’s one separate entityNot attorney but use them daily and they all the same thing about this, this would be easy to pierce but usually never gets done because people rarely get sued and if they do they have insuranceIt’s just a huge waste of money for most.
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9 June 2015 | 12 replies
With as many doors as you have, the chances of getting a bad tenant skyrocket so I would probably add an extra layer of security putting each property on an LLC.Do proper research on how to structure the LLC to avoid "veil piercing" - you want to make sure you have all the documents, articles and OA in place, properly filled and maintained.Good luck and congrats.
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12 September 2014 | 60 replies
Tab back to BP again.Ugh, read another post from Joe about how a LLC can be pierced. 2:31 pm.
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6 September 2017 | 2 replies
I cannot remember the tradesman name, and he worked in Pierce County, but we chatted as he worked.
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12 March 2019 | 2 replies
I believe this protects you from the whole piercing the corporate veil issue that you can find all over the site.