The stuff below posted by Carl is bull.
------------The property owner is told the LLC gives them and their personal assets a “veil of protection” from any legal litigation that may arise as the result of legal actions perpetrated by a rental tenant. Nothing could be farther from the truth.--------------
No Carl that's why it's called a LIMITED LIABILITY Company.......owners have LIMITED LIABILITY......liability is limited to the assets owned by the LLC. The owner has to screw up big time or neglect the organization completely to be personally liable.
