Agatha Oliveira
Showing that you can sign for an LLC
20 November 2024 | 8 replies
@Agatha OliveiraSharing an operating agreement does not pierce your LLc and every contract you enter into the company should ask for a copy of the operating agreement to confirm the person signing has that authority
Jessica Howell
Funding LLC's, deposits and draws
19 November 2024 | 12 replies
.➡️ Mixing personal and LLC funds without proper documentation could pierce the corporate veil, exposing personal assets to liabilities.
Tanya Maslach
Creating an LLC: state where properties are located
29 November 2024 | 12 replies
Also, Ohio does not allow "piercing the corporate veil" unless you commit fraud or a crime.
Stuart Udis
Structuring your entities for anonymity is NOT asset protection
21 November 2024 | 39 replies
Asset protection doesn’t work, any entity veil can be pierced, you’re fooling yourself if you think you’re protected.
Fetch Phoenix
1 Property, 3 doors - should we set up a Real Estate LLC?
19 November 2024 | 9 replies
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).
Derek Bell
Townhome development in middle tn
14 November 2024 | 3 replies
I have been taught to back into the price on what it's worth to pay.I'm in Pierce County, WA.For me, if I have an opportunity at 40 townhome lots I am figuring probably 250-300k in all the soft costs and city/county review fees.
Andres Triveno
How to structure short term rental ownership
15 November 2024 | 13 replies
When we make little slip ups, as we might easily do, a lawyer might use those to “pierce the corporate veil” and go after us personally anyway.
Sarah Vann DuRant
Florida Land Trusts v. LLCs
11 November 2024 | 4 replies
The beneficiaries are all hidden from 'adversaries' who may want to sue you, but you must pierce that veil of protection when it comes to lending.
Andrew Sanders
Washington State Investors
10 November 2024 | 7 replies
The market there is pretty good and affordable compared to King/Pierce/Snohomish counties.Let me know if you need help!
Gavin Wynn
First time forming an LLC
7 November 2024 | 22 replies
I (we) have only been sued once on a property that was in my wife's LLC, and we settled before we found out if they other person was going to be able to pierce the veil of her LLC.