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by robocat 1098 days ago
> there may be no limit to your liability.

You can put the house into a limited liability company, which theory should limit the liability to the value of the house.

Depending on whether director negligence was involved etcetera.

1 comments

My understanding is that for an LLC to provide protection the house would have to be used for purely business purposes and that there can be no co-mingling of personal finances. the concept is called "piercing the corporate veil". IANAL but I looked into this pretty extensively when choosing how to protect myself with investment properties.