Updated about 4 years ago on . Most recent reply
LLC advice needed quickly
I am purchasing a condo in Florida that is in a resort and is 1 block from the beach. I will be renting it out via Airbnb, VRBO, or other. My lender is requiring me to form an LLC for this property. I live in Georgia. Should I form the LLC in Florida where the property is located Or should I form it in Georgia where I live? Please give me your opinions. I own SF homes in other states that are not in LLCs due to lender guidelines. Thank You.