In reality though if someone has enough money they can pierce those veils given time and money and depending what the severity of the infraction is.

@Heather Cole You're more up on us that have yet to pierce the Ocala market.

Our favorites are MJ Vukovich at Bellweather and Security Mortgage Group (ask for Pierce Redmond).

If there is a transaction where funds (assets) are not clear and could be considered co-mingled, then  you would be out of luck and the protection from series to series would be pierced.

@Ivy Pierce - There are definitely tons of meetups all across Chicago. 

They cover Thurston and Pierce Counties last I checked.

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).

@Dan FisherIts always better to have the entity registered in the same state where your main business resides.If you do open a LLC in other states, then you need to register the business as foregin entity in the home state that you are going to do business in, which will apparently cost some money.LLC's are very good when it comes to assent protection, but does not serve much if its just one member LLC, it's like having a shield that is no good, as veil piercing is very very easy.Please talk to your attorney and CPA to decide what would be the best option for you and your business and your long term plans.  

In Puget Sound, each county (King, Pierce, Kitsap and Snohomish) has its own TDR program and Sending credits generated within a county can only be cashed in within that county. 

@Curt Smith I had an LLC before, so I know about the necessity of having a credible operating agreement and what needs to be done so as not to pierce the corporate veil.