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15 June 2017 | 6 replies
@John Pierce The idea wouldn't be to have to refinish them every 3-7 years.
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3 January 2017 | 7 replies
If you are using the LLC to protect you in the event of a law suit from a tenant, or whoever, you need to transacting the business through a separate account or the plaintiff will be able to "pierce the corporate veil".
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12 November 2018 | 7 replies
If you reside in the Fort Pierce area please send me an invite connection.Looking forward to making new connections.Joe Garvin
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16 December 2017 | 6 replies
This helps protect you (in theory) if you get sued as they cannot go after your personal assets since you did not "pierce the corporate veil".https://www.nolo.com/legal-encyclopedia/personal-liability-piercing-corporate-veil-33006.html
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22 November 2017 | 10 replies
Courts in CA have pierced corporate veils many times, especially if it is llc vs tenants (in my case, employees), I don’t even see the need of an llc unless you net worth at least 500k.
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9 December 2017 | 4 replies
With such hands on management the corporate veil protection of an LLC could be easily pierced was part of the reasoning.
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10 October 2017 | 5 replies
Now, any good attorney can pierce the shell of the corporation and thereby get to you and your personal assets in most cases.
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6 March 2018 | 14 replies
I mean if any attorney straight out of law school will be able to pierce the veil, why set up an LLC?
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18 October 2016 | 12 replies
However, nothing is guaranteed and there is always a chance of a judge allowing plaintiff to "pierce the veil."
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17 February 2017 | 8 replies
NV is getting expensive).Each property runs its own books, takes it's own PnL's and write-offs, etc... don't co-mingle funds to avoid anyone piercing your corporate veil and finding a loophole to attack all properties you have JIC something goes South on you.