25 January 2016 | 11 replies
Naomi HymesA lot of investors, home buyers/renters are moving just south of federal way/seattle to Tacoma Pierce county area.
24 September 2024 | 49 replies
I could care less whether a person has disabilities or not, what their race, gender, sexual preference, religion, or political affiliation is, or how many tattoos or piercings they have, etc.
11 August 2019 | 2 replies
Hi fellow investors,I would like to better understand the risk of piercing the corporate veil between multiple LLC’s.
7 June 2023 | 109 replies
Otherwise the "veil" may be pierced.
18 October 2018 | 12 replies
If the veil of the LLC is pierced, then that goes out the window.
17 February 2016 | 17 replies
If you meet the requirements of piercing the corporate veil in CT then guess what they're going to come after you personally even if you're incorporated in another state.
22 March 2016 | 41 replies
My concern with the multiple LLCs whether as regular LLCs or in the Master/Series LLC setup, is the formalities that need to be followed in order to protect all your LLCs (i.e. ensuring no one can pierce the corporate veil).
7 August 2019 | 93 replies
Always stay away from verbiage such as "Investments" that could attract attention for potential lawsuits, pierce the veil,...After doing north of 20 it has changed in my view.
9 December 2024 | 5 replies
In my experience, you are thinking through this correctly.I've heard lawyers say, if the loan is in your name (which it has to be for conventional) and the deed is in the LLC, you aren't treating the business as an independent entity and in a severe lawsuit, the corporate veil is pierced and the LLC can be thrown out.I agree that one of the best defenses is to run your properties well.
17 August 2023 | 12 replies
Most of the time they are young 20s and fresh out of college and never owned a pierce of real estate.