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Should I Buy My Home Under an LLC? Asset Protection for New York Property Owners - Peter Zinkovetsky
From Avenue Law Firm – Should I Buy My Home Under an LLC? Asset Protection for New York Property Owners explores the legal, financial, and tax implications of using a Limited Liability Company (LLC) to purchase or hold residential property in New York. This episode unpacks why LLCs are often considered for asset protection and anonymity—but also reveals the significant risks and limitations they pose in the Empire State.
We discuss how the "corporate veil" works under New York law and how the two-way liability shield offered by an LLC can protect both personal assets from lawsuits related to…
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