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21 September 2023 | 0 replies
On the other hand, Snohomish County's asking price remained stable, and Pierce County saw a slight increase of 0.3%.Looking ahead, Lawrence Yun, the chief economist at the National Association of Realtors, predicts a more favorable market on the horizon.
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20 November 2013 | 13 replies
As far as I know there's no other tax benefits, they would get no more tax if they pierced it, so wouldn't it be a waste of taxpayer money to even try?
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7 February 2019 | 23 replies
The underlying causeĀ that creates this issue is when the corporate veil has been pierced.
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14 September 2022 | 5 replies
Quote from @Sara Pierce: Hello!
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23 February 2020 | 11 replies
Recently, a pattern in court rulings has been recognized where DAPTs are being pierced and their choice of law clause is being ignored.
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17 January 2018 | 12 replies
Right now I'm primarily doing flips in Pierce County (much cheaper price points than King County) and in a few other states.Ā
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27 September 2023 | 11 replies
I decided to carry an umbrella instead of leveraging an LLC (they can be pierced anyway so don't negate the need for an umbrella, they increase operating costs, and I was able to get lower interest rates in my own name).
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1 March 2023 | 8 replies
The downside is the hassle and expense (in Maryland we have to pay $400+ filing fees every year to keep the LLC in Good Standing).The upside is theĀ potential for limited liability, however I've heard from various lawyers that the corporate veil is easy to pierce unless the LLC is completely separate from anything in the owners personal life.
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21 July 2014 | 36 replies
@Justin Pierce that is normally the case in both MD and DC.
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16 March 2018 | 3 replies
Will depend on several factors like the type of property, type of tenants, your risk tolerance, other assets you own, your estate planning, laws where the property is located, etc.Any lawsuits would 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).