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by aidenn0 4340 days ago
And, in general, you can't limit your liability if you are a 1-man corp. Courts can "pierce the corporate veil" if it turns out the corporation is acting entirely on the behalf of the invdividual.
1 comments

Generally that happens when the company is not acting like a conpany. A simple example being when you don't have and/or document yearly meetings and such. LLCs are commonly used to shelter individuals from things like rental properties.