23 September 2013 | 7 replies
If you take care of your properties and are properly insured you won't need the protection of an LLC, however, if you have an LLC and are negligent, a good attorney will be able to "pierce" the LLC and go after you personally anyway.I spread my properties out because I have different goals with each of the separate businesses and I want some privacy.

22 June 2021 | 5 replies
Asked about the issue of corporate veil and told the owners are sued normally for personal negligence, hardly ever for piercing the veil.Reason for my interest and concern is I bought a business that I placed in the LLC from an owner who had it in his S Corp, and was sued for $3 million.
2 February 2023 | 23 replies
The only way they would pay with me is if their negligence or silliness caused the damage.

22 March 2022 | 50 replies
Their sales director, Tyler Fenn, and their chief executive Mark, for whom this outfit refuses to provide a last name, are negligent and contemptuous in the extreme.

10 November 2021 | 686 replies
The real-estate market will be negligibly affected, in the states that are most reactive to this scare, while other states that are more measured and objective in handling it, will experience no negative impact at all, rather they might experience a positive impact from the fed lowering of interest rate.

7 February 2024 | 6 replies
Cost comparison will be negligible.

5 September 2017 | 14 replies
Less effort and the same risk.The additional problem here is that whomever prepares your return would get in trouble for this and there would be a large negligence penalty involved.

22 May 2023 | 55 replies
During those 6 months, we could write off 100% of improvements (we pointed and painted the brick, etc).So my opinion is if money isn't an issue, and you don't need financing (or the difference in financing options is negligible), definitely rent to yourself, so you can take any improvements as expenses.And yes, at least in the state of Montana, it is legal to rent to yourself (but I'm not an attorney!)

8 January 2017 | 7 replies
The difference is negligible over time, especially when considered within tax purposes, and you get a whole lot more flexibility.

27 September 2018 | 135 replies
While loosening lending standards is a bit worrisome, the risk level being introduced to the market seems negligible compared to what we had before.