I need an advice

[Obed Diaz]

Hi, I am new to realstate and I want to make an airbnb in a house I own, for mortgage reasons, I can't pass the house to an LLC, would it be wise to create an LLC to do this Airbnb business transferring the responsibility to the LLC and get some tax advantages?

[Ned Carey]

There are no tax advantages to a single member, or partnership LLC. You do not have to have a separate entity to use legitimate business expenses on your tax return.

You can't transfer liability to an LLC that manages your property. You as owner are responsible.

I suggest you spend some time learning basic rules about liability, entities like LLCs and corporations and basic business taxation. Talk to both a experienced accountant familiar with real estate taxation and a good real estate attorney.  NOLO Press have some very good legal self help books that can get you started.