Sentences with phrase «llc as my umbrella»
When I was trying to get details about having an umbrella LLC, so I could have some continuity, but not share the liability across all properties, he mentioned having a property management LLC as my umbrella.
https://www.biggerpockets.com/ Not exact matches
MyAutoLoan.com operates as one of several online lending platforms under the umbrella of Horizon Digital Finance, LLC, which was founded in 2003.
Accounting is consolidated, management functions and maintenance of the LLC, minutes, authorizations, etc are under one umbrella as opposed to having to address seperate maintenance issues of the enties.
Each acquisition is placed in its own Clone LLC that funnels all net gains and losses, from each Clone LLC, to ACT Investment Properties, LLC that operates as the Umbrella LLC.
Once I explained that the LLC is owned by my family an no others they allowed me to provide proof of acceptable insurance and then extended the umbrella to that property as well.
I also have an umbrella on the LLC and a personal one as well.
It is really not an issue of «either / or» as an umbrella and an LLC are / could be created for different reasons.
I have not converted mine into an LLC but do have a good umbrella insurance policy which is almost as good.