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And, in general, you can't limit your liability if you are a 1-man corp. Courts can "pierce the corporate veil" if it turns out the corporation is acting entirely on the behalf of the invdividual.


Generally that happens when the company is not acting like a conpany. A simple example being when you don't have and/or document yearly meetings and such. LLCs are commonly used to shelter individuals from things like rental properties.




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