ThanksWith the typical disclaimer of check with a qualified attorney, a personal guarantee does not pierce the veil because it is between you (your company) and the lender.

In my over two decades as an investor, I have had an attorney try to "pierce the corporate veil" one time. 

Yes, a US court can pierce the corporate veil of the LLC and issue a judgement and come after your assets.

If you are using those for asset protection then you are making it quite easy to pierce the corporate veil.  

While the LLC can be used to insulate any assets that you have in other entities or that you hold personally, its not a guarantee that a sharp attorney couldn't pierce the corporate veil and get outside your LLC to other assets, so a solid foundation of insurance is critical.Not to complicate things any further, but something you need to be aware of and that is how you hold the property is of great importance.

The corporate veil in these cases is simply pierced if someone sues.And for my triplex, for homeowners, if your get homeowners insurance, it includes workman's comp which is usually not in an LLC policy.

If it is liability protection...how hard do you think it will be to pierce the LLC if the LLC owns the property, but the loan is in your personal name?

But, in the event you really are persuaded that it is important to separate each asset, ensure that whoever is managing the books/monies on the LLCs are doing it 100% correctly as even a small mistake can allow would-be litigants to pierce the corporate veil and render all of it in vein anyway. 

If the NV LLC is owned 100% by CA LLC, then NV is domestic on its own and the CA only owns them wholly, it might offer a big grey area as to protection, since NV corporate veil is very rarely pierced.

Alex Chin Charles Moore In 2012-2013 I wasted a lot of time looking for rentals in King, Snohomish, and Pierce county and nothing cash flowed.