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" Even more, if that LLC or asset protection entity was not set up with 100 percent accuracy or has not been maintained following 100 percent of the rules, a judge could “pierce through the corporate veil” and go after your personal assets anyway. Don’t think that by going online and opening an LLC you are safe. It’s never that easy. "

Brandon Turner , The Book on Managing Rental Properties: Find, Screen, and Manage Tenants With Fewer Headaches and Maximum Profits


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Brandon Turner quote : Even more, if that LLC or asset protection entity was not set up with 100 percent accuracy or has not been maintained following 100 percent of the rules, a judge could “pierce through the corporate veil” and go after your personal assets anyway. Don’t think that by going online and opening an LLC you are safe. It’s never that easy.