There is unlimited liability of all partners in a JV and YOU are liable for the actions of ALL your other partners.

Any experience writing contracts that release me from liability due to problems the tenants claim are related to the land?

Thanks Guy, I have spoken to an attorney, and basically the only thing to do is to try and get a release of liability on the contract and do up a new contract and follow all the guidelines.

That said, some general principles one should consider when doing this, is that it may open your corporation up to liability if you are transferring assets around all "willy nilly".

Hi Jason Gerasia and Rob Parmar,Thank you both for this conversation.Jason: I have been considering the idea of having a tenant manage the snow removal but am concerned about liability with regards to the tenant getting injured. 

please consult a tax lawyer and or attorney - even if the coop has loose rules now it could change - additionally there are tax advantages to a condo - and your liability is different. in both cases you should check the financial status of the association to avoid being blindsided. 

I live in one of the rooms.I was wondering what kind of liability insurance other airbnb hosts are using?

I Also want to discuss liabilities and how to best shield myself and my family from possible litigation. 

A house inspector is not able to do that and a homemade door would also be a liability issue for all involved in its installation. 

It's a huge potential liability.