Updated over 4 years ago on . Most recent reply
LLC and a Second Home
I have a client that bought a second home and is trying to put it into an LLC, but because it is a second home and not an investment property the lender will not allow this. She is starting to rent it out on Airbnb and is worried because it is not in an LLC. She has over 40% equity in the home. Is there any way around this legally? Or can you only put investment properties in an LLC? Thank you in advance for your advice!
- Amanda Bruneau