MARK KOHLERMain Street Professionals, Main Street Professionals, Main Street Professionals, Main Street Professionals, Main Street Professionals, LLC · Owner at Main Street Professionals, LLC

Most LLC owners don't do this (it ruins protection)

29 Jan 2026 · 1 min

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Mark Kohler explains that an LLC only protects you if you keep business and personal finances completely separate. Mixing accounts, signing contracts in your name instead of the LLC's, or paying personal expenses from the business account pierces the veil and exposes you to lawsuits and audits.

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Asset protection only works if you respect the veil between you and the company. You need to treat the LLC like a separate person. That means a separate bank account contracts in the LLC's name income that you earn deposited in the LLC bank account Expenses paid by the LLC bank account or the LLC debit card or credit card. See, if a tenant slips and falls, or a customer sues, or if you're audited, the question will be, do you have an llc? Well, it'll also be, did you act like you had an llc? See, mixing personal and business activity is one of the fastest ways to lose protection. The LLC only protects you if you protect the LLC.