It seems more accidental than negligent(fine line)...Commercial Clorox/kilz/paint or replace sheetrock and make sure drain clear...keep it moving..

Another con of an LLC is that you can not represent the LLC in court even for something as simple as an eviction.After reading on these a lot I am still not convinced a lawyer can not simply "pierce the veil" and sue the "member" directly in something like a negligent slip and fall etc.

Hi Everyone, So this is a scenario that I encountered with my tenant a year ago, and in the end I ended up paying because I couldn't prove negligence on their part but moving forward i want to be more diligent about it.

If you need to finance only a small portion of the IRA's property purchase, UBIT may be negligable.

You are correct about the negligence--insurance says they will try to recover our deductible if they find anyting in the report that indicates negligence, but if not we have to eat the cost.

http://www.lawlib.state.ma.us/source/mass/cmr/cmrt...Below is the Mass way of describing the law24.04: Required Insurance and Capital Program(1) An LLP or LLC must maintain in good standing professional liability insurance which meets the following minimum standards:(a)The insurance shall cover negligence, wrongful acts, errors and omissions and insure the LLP, LLC and their respective partners and members (M.G.L. c. 108A,

You may be able to find some places where they are negligent or just don't care but that could change at any time.

When they bought the second pump was it because they admitted being negligent and leaving something running? 

This would seem to be gross negligence by the property manager imho.Do I have a reasonable case to pursue against this national property management company's local franchise?

Yes, you pay more interest this way, but the amount is negligible if you Excel it out, or slightly more interest is acceptable I guess considering it succeeds more often with more people becoming debt free.