A Friendly Reminder: You And Your LLC Are Different
Individuals regularly hold their real estate in LLCs for many reasons, including asset protection, because an LLC is a “separate legal entity” RCW 25.15.071 (3) and members are not liable for debts of the LLC RCW 25.15.126 (1). The distinction between an individual member and an LLC was front and center in a recent Washington… Read More