With any property, there are inherent liabilities — from a broken balcony railing to old electrical wiring or mold. The LLC forms a wall that shields individual owners from personal liability. If sued by a tenant or guest, the defendant is the LLC, not you. And the judgment can be collected only from the LLC's assets, and not from your own personal assets.
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What to Look for in an Accounting Partner Program
The post What to Look for in an Accounting Partner Program appeared first on CorpNet. http://dlvr.it/T6KDyf
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