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A comment on Pricing Money: A Beginner's Guide to Money, Bonds, Futures and Swaps. Parent comment

Re:Pricing Money: A Beginner's Guide to Money, Bonds, Future... by robocat on Saturday June 17, 2023 @08:56AM (#36369807)
> there may be no limit to your liability.

You can put the house into a limited liability company, which theory should limit the liability to the value of the house.

Depending on whether director negligence was involved etcetera.

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Re:Pricing Money: A Beginner's Guide to Money, Bonds, Future... by MechanicalTim on Saturday June 17, 2023 @03:43PM (#36373825)
My understanding is that for an LLC to provide protection the house would have to be used for purely business purposes and that there can be no co-mingling of personal finances. the concept is called "piercing the corporate veil". IANAL but I looked into this pretty extensively when choosing how to protect myself with investment properties.
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