Not entirely sure if the EPA (or someone else) could pierce your IRA's corporate veil and go after your personal assets or not.

(and i'm in the wii age demographic)hell, i own one and never play it. ever since that damn thing called me obese and moaned in agony when i stepped on it (stupid wii fit!)

My tenant gets just about every handout there is, yet she still has money for tattoos, piercings, cell phone, wide screen TV, her daughter's room is filled with toys, house is very nicely decorated, etc.I have another tenant that gets temporary rental assistance.

Provided the corporate shell can not be pierced no claim can lien your personal assets.

Otherwise, free advice, including mine, is worth what you pay for it….It is very expensive to setup the wrong structure, and later find that either the formation documents, or operating documents or bylaws -- which can be more important than the formation documents -- did not provide the protection or grant the authorities to do business, you thought it did--too often, this is discovered after a tenant is suing you, and the tenant's attorney successfully "pierces the company veil" that you thought was protecting you.

An LLC may be used as an estate planning tool or a property may be placed in an LLC that really doesn't meet the business requirements (look to piercing the corporate veil issues).

The LLC protection is good, the corporate veil can be pierced when you dont do things right, sure, but it's not easy, even if you dont have your act together.

In the likelihood of a catastrophic legal situation, a judge that sees that your Jason Ownership LLC owns the property that Jason Management LLC manages and Jason  (personally) is the owner, operator, and main employee of both organizations is likely to let the "corporate veil" be pierced and let the plaintiffs come after you personally.

Case Law:The Series LLC is an actual LLC and that means the same LLC case law will generally apply regarding liability shields and piercing the corporate veil.

Since there market is not efficient, there are also arbitrage opportunities when you compare comparable units in a given building or complex.For fix and flips, some good areas I have been looking at are Downtown Everett as well as many cities in Pierce and Thurston counties which are often overlooked.Another interesting niche in-city - go for the prime zip codes like 98105, buy a house for $500k, tear it down and build a modern 2500-3000 sq ft house, and sell for $1.3m-1.4m.