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Moderator
    08/03/08 at 07:02 PM
 Reply with quote#1

Can a rental property be placed under an LLC but have the mortage under a personal name and still maintain a seperate entity status?
attorney
    08/03/08 at 07:05 PM
 Reply with quote#2

Yes. Taking on financial responsibility for an LLC of which you are a member will not jeopardize your liability shield.

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