Protecting Yourself from Liability (sole prop/LLC/UI)
I am starting out in the short term rental market and would love to hear you have set up your real estate to protect yourself from potential law suits.
I already purchased the property in my name and it has a mortgage, so transferring to an LLC is unlikely.
Operating as a sole-prop is there much that can be done to protect personal assets other than buying adequate insurance and an umbrella policy?