I own a 2nd home home in a popular vacation area of NY. I plan to rent it out for a month this summer. Should I keep it in my name of transfer it over to an LLC?
If you have significant equity and you think you will be very exposed to legal risk during that time then maybe, but seems like overkill IMO. We all have a different tolerance to risk though, plus there may be good reasons to put your home in an LLC beyond your plans to rent it on Airbnb for that month.
I wonder if there is a short term STR insurance policy that you could buy for that month. Not sure if you can purchase for such a short time period