[Ash Housewares]

[quote=arraya]No thank you…

http://www.huffingtonpost.com/2008/09/02/palins-church-may-have-sh_n_123205.html

Speaking before the Pentecostal church, Palin painted the current war in Iraq as a messianic affair in which the United States could act out the will of the Lord.

“Pray for our military men and women who are striving to do what is right. Also, for this country, that our leaders, our national leaders, are sending [U.S. soldiers] out on a task that is from God,” she exhorted the congregants. “That’s what we have to make sure that we’re praying for, that there is a plan and that that plan is God’s plan.”

[/quote]

Wow, that sends a chill down my spine

[Ash Housewares]

[quote=arraya]No thank you…

http://www.huffingtonpost.com/2008/09/02/palins-church-may-have-sh_n_123205.html

Speaking before the Pentecostal church, Palin painted the current war in Iraq as a messianic affair in which the United States could act out the will of the Lord.

“Pray for our military men and women who are striving to do what is right. Also, for this country, that our leaders, our national leaders, are sending [U.S. soldiers] out on a task that is from God,” she exhorted the congregants. “That’s what we have to make sure that we’re praying for, that there is a plan and that that plan is God’s plan.”

[/quote]

Wow, that sends a chill down my spine

[Ash Housewares]

[quote=arraya]No thank you…

http://www.huffingtonpost.com/2008/09/02/palins-church-may-have-sh_n_123205.html

Speaking before the Pentecostal church, Palin painted the current war in Iraq as a messianic affair in which the United States could act out the will of the Lord.

“Pray for our military men and women who are striving to do what is right. Also, for this country, that our leaders, our national leaders, are sending [U.S. soldiers] out on a task that is from God,” she exhorted the congregants. “That’s what we have to make sure that we’re praying for, that there is a plan and that that plan is God’s plan.”

[/quote]

Wow, that sends a chill down my spine

[Ash Housewares]

[quote=arraya]No thank you…

http://www.huffingtonpost.com/2008/09/02/palins-church-may-have-sh_n_123205.html

Speaking before the Pentecostal church, Palin painted the current war in Iraq as a messianic affair in which the United States could act out the will of the Lord.

“Pray for our military men and women who are striving to do what is right. Also, for this country, that our leaders, our national leaders, are sending [U.S. soldiers] out on a task that is from God,” she exhorted the congregants. “That’s what we have to make sure that we’re praying for, that there is a plan and that that plan is God’s plan.”

[/quote]

Wow, that sends a chill down my spine

[Ash Housewares]

This VP choice has swayed my vote from McCain to Obama. I am an independent and have been a McCain fan since the late 1990s, by that I mean the straight-talk maverick McCain. I held my nose over the past year with all the pandering he was doing, hey it just politics right? But this is the final straw. McCain is a 72 year old who has had repeated battles with cancer. His chances of living out his term, if elected, are probably around 50-50. That means we have a very real chance of another bible thumping, science denying commander in chief. Another leader who makes irrational (to empirical folks) decisions based on their gut instinct which they believe is god talking to them. That’s a pill I just can’t swallow.

[Ash Housewares]

This VP choice has swayed my vote from McCain to Obama. I am an independent and have been a McCain fan since the late 1990s, by that I mean the straight-talk maverick McCain. I held my nose over the past year with all the pandering he was doing, hey it just politics right? But this is the final straw. McCain is a 72 year old who has had repeated battles with cancer. His chances of living out his term, if elected, are probably around 50-50. That means we have a very real chance of another bible thumping, science denying commander in chief. Another leader who makes irrational (to empirical folks) decisions based on their gut instinct which they believe is god talking to them. That’s a pill I just can’t swallow.

[Ash Housewares]

This VP choice has swayed my vote from McCain to Obama. I am an independent and have been a McCain fan since the late 1990s, by that I mean the straight-talk maverick McCain. I held my nose over the past year with all the pandering he was doing, hey it just politics right? But this is the final straw. McCain is a 72 year old who has had repeated battles with cancer. His chances of living out his term, if elected, are probably around 50-50. That means we have a very real chance of another bible thumping, science denying commander in chief. Another leader who makes irrational (to empirical folks) decisions based on their gut instinct which they believe is god talking to them. That’s a pill I just can’t swallow.

[Ash Housewares]

This VP choice has swayed my vote from McCain to Obama. I am an independent and have been a McCain fan since the late 1990s, by that I mean the straight-talk maverick McCain. I held my nose over the past year with all the pandering he was doing, hey it just politics right? But this is the final straw. McCain is a 72 year old who has had repeated battles with cancer. His chances of living out his term, if elected, are probably around 50-50. That means we have a very real chance of another bible thumping, science denying commander in chief. Another leader who makes irrational (to empirical folks) decisions based on their gut instinct which they believe is god talking to them. That’s a pill I just can’t swallow.

[Ash Housewares]

This VP choice has swayed my vote from McCain to Obama. I am an independent and have been a McCain fan since the late 1990s, by that I mean the straight-talk maverick McCain. I held my nose over the past year with all the pandering he was doing, hey it just politics right? But this is the final straw. McCain is a 72 year old who has had repeated battles with cancer. His chances of living out his term, if elected, are probably around 50-50. That means we have a very real chance of another bible thumping, science denying commander in chief. Another leader who makes irrational (to empirical folks) decisions based on their gut instinct which they believe is god talking to them. That’s a pill I just can’t swallow.

[Ash Housewares]

[quote=Shadowfax]NOT GIVING LEGAL ADVICE, but…..

CA will soak you for $800 a year and you will still want to get insurance, etc for the property.
The benefit of having an LLC own the property is that any claims are limited to the investment and profits of the LLC. If that amounts to $50K,then that is all the plaintiff gets. They can’t go after your personal assets. Some investors even put each investment property into its own, separate LLC so that the liabilities of one property cannot be levied against the other(s).
[/quote]

Since you still need the insurance, why bother with the LLC? Would not an umbrella insurance policy accomplish the same thing- i.e., take the hit in case of a lawsuit, leaving your assets intact? Assuming of course that any settlement is below your insurance liability limit of say 1,000,000.

[Ash Housewares]

[quote=Shadowfax]NOT GIVING LEGAL ADVICE, but…..

CA will soak you for $800 a year and you will still want to get insurance, etc for the property.
The benefit of having an LLC own the property is that any claims are limited to the investment and profits of the LLC. If that amounts to $50K,then that is all the plaintiff gets. They can’t go after your personal assets. Some investors even put each investment property into its own, separate LLC so that the liabilities of one property cannot be levied against the other(s).
[/quote]

Since you still need the insurance, why bother with the LLC? Would not an umbrella insurance policy accomplish the same thing- i.e., take the hit in case of a lawsuit, leaving your assets intact? Assuming of course that any settlement is below your insurance liability limit of say 1,000,000.

[Ash Housewares]

[quote=Shadowfax]NOT GIVING LEGAL ADVICE, but…..

CA will soak you for $800 a year and you will still want to get insurance, etc for the property.
The benefit of having an LLC own the property is that any claims are limited to the investment and profits of the LLC. If that amounts to $50K,then that is all the plaintiff gets. They can’t go after your personal assets. Some investors even put each investment property into its own, separate LLC so that the liabilities of one property cannot be levied against the other(s).
[/quote]

Since you still need the insurance, why bother with the LLC? Would not an umbrella insurance policy accomplish the same thing- i.e., take the hit in case of a lawsuit, leaving your assets intact? Assuming of course that any settlement is below your insurance liability limit of say 1,000,000.

[Ash Housewares]

[quote=Shadowfax]NOT GIVING LEGAL ADVICE, but…..

CA will soak you for $800 a year and you will still want to get insurance, etc for the property.
The benefit of having an LLC own the property is that any claims are limited to the investment and profits of the LLC. If that amounts to $50K,then that is all the plaintiff gets. They can’t go after your personal assets. Some investors even put each investment property into its own, separate LLC so that the liabilities of one property cannot be levied against the other(s).
[/quote]

Since you still need the insurance, why bother with the LLC? Would not an umbrella insurance policy accomplish the same thing- i.e., take the hit in case of a lawsuit, leaving your assets intact? Assuming of course that any settlement is below your insurance liability limit of say 1,000,000.

[Ash Housewares]

[quote=Shadowfax]NOT GIVING LEGAL ADVICE, but…..

CA will soak you for $800 a year and you will still want to get insurance, etc for the property.
The benefit of having an LLC own the property is that any claims are limited to the investment and profits of the LLC. If that amounts to $50K,then that is all the plaintiff gets. They can’t go after your personal assets. Some investors even put each investment property into its own, separate LLC so that the liabilities of one property cannot be levied against the other(s).
[/quote]

Since you still need the insurance, why bother with the LLC? Would not an umbrella insurance policy accomplish the same thing- i.e., take the hit in case of a lawsuit, leaving your assets intact? Assuming of course that any settlement is below your insurance liability limit of say 1,000,000.

[Ash Housewares]

Any updates esmith? We’ve been having anecdotal evidence of cracks forming in the high end, but I’m sure I speak for all of us when I say I’m interested in the latest output from your localized HPI.

Also, check your private messages.

[Author]

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