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Check out some of the posts in the past. We had quite a lively discussion about this topic a couple of times in the past. I think the concensus was that the cheapest way to start your business was the best, as long as you backed it up with an umbrella liability policy to limit your liability.

I took that most people have their properties listed in their names and file their income and expenses under Section C (is this the right section? I can't remember right now...) and then get an extra liability policy to reduce any potential liability they might encounter.

Fool on!!
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