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Risk of Sole Prop Mortgage Broker Business

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tpozz

Junior Member
IL

I am looking to start a mortgage broker business in Illinois. Long-term I plan on forming it as an LLC, but in the interim (after its confirmed its successful) I plan on operating it as a sole prop. Is there really any personal risks - ie. law suits risks, for which I may be exposed. No debt for the business, no assets and it operates out of my home.
 



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