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Updated over 3 years ago on .
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Question regarding LLC formation for a Short Term Rental
I just purchased my first STR in Gulf Shores, AL, with an investment loan, not a second home. My question is do I need to go ahead and form and LLC now? I will be going live on AirBnB next week. Also, since I live in Houston, TX, can the LLC be formed in my hometown or does it have to be an Alabama LLC?
Any advice would be appreciated!
Most Popular Reply

If you have a mortgage you don't need an LLC. You can always get an umbrella policy if your worried.